Sign In
Learn bits
National Importance, Schemes & Policies
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 

More Related Current Affairs View All

14 Oct

Right to information act

'The Right to Information (RTI) Act, 2005, has been one of the most empowering laws for Indians. ' From exposing corruption in the delivery of basic rights to bringing to light

Read More

14 Oct

A critical message for the urban elite

'In India, this year’s summer shattered records, with red alerts issued nationwide. Over 200 lives were lost to heatwaves (official), but countless more went unrecorded.'

Read More

14 Oct

Issues in the treatment of ‘rare diseases

'The Delhi High Court last week issued directions aimed at improving the availability of so-called “orphan drugs”, which are medications used to treat “rare disea

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps