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Mahesh

09/04/22 13:04 PM IST

Atal Innovation Mission

In News 
  • The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved continuation of Atal Innovation Mission (AIM), till March 2023. 

About AIM 
  • The Mission has been set up under the NITI Aayog, in accordance with the Hon'ble Finance Minister's declaration in the 2015 Budget Speech.
  • The total budgeted expenditure of  Rs.2000+ crore.
  • The AIM has focused on both infrastructure creation and institution building. As evident from these examples, the AIM has worked on integrating innovation ecosystem both nationally and globally.
  • The AIM has created bilateral relations with various international agencies for building synergistic collaboration on innovation and entrepreneurship such as the AIM – SIRIUS Student Innovation exchange program with Russia, AIM – ICDK (Innovation Centre Denmark) Water Challenge with Denmark, and IACE (India Australian Circular Economy Hackathon) with Australia.
Objectives- 
  • To create and promote an ecosystem of innovation and entrepreneurship across the country via interventions at school, university, research institutions, MSME and industry levels. 
Intended Targets under AIM 

  • Establishing 10000 Atal Tinkering Labs (ATLs),
  • Establishing 101 Atal Incubation Centers (AICs),
  • Establishing 50 Atal Community Innovation Centers (ACICs) and
  • Supporting 200 startups via the Atal New India Challenges.
Source-PIB 

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