<h1>Union Minister to Launch Global Innovation Index 2019 in New Delhi, Focusing on Future Medical Innovations.</h1> The Union Minister of Commerce, Industry, and Railways will launch the Global Innovation Index (GII) on July 24, 2019, in New Delhi. The event will feature the Director General of the World Intellectual Property Organization and will unveil innovation rankings for 129 countries. This 12th edition of GII focuses on 'Evaluating the Medical Innovation Scenario of the Next Decade,' emphasizing the future of healthcare and its economic impact. The GII, initiated by INSEAD and World Business in 2007, serves as a benchmark for assessing national innovation capabilities. The launch will include panel discussions and a session on India's R&D expenditure.