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suggest a funding mechanism for result-oriented research. It would
also promote a network of world-class innovation hubs in India. In the
budget for 2014–15, INR 150 crore ($2.5 million) has been allotted for
the innovation mission.

1.3 Low carbon technology innovation initiatives
in India

India is ranked 21st among 40 countries in the Global Cleantech
Innovation Index, 2014, brought out by WWF and the CleanTech
group (Figure 1.6). The average score of India on the overall index

Figure 1.6 Cleantech Innovation Index for Different Countries, 2014
Source: Global Cleantech Innovation Index (2014). Available at http://www.cleantech.com/wp-content/
uploads/2014/08/Global_Cleantech_Innov_Index_2014.pdf

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