Atal Innovation Mission

In News 

  • Recently, the Union Cabinet approved continuation of Atal Innovation Mission (AIM), till March 2023. 

About 

  • The AIM shall work on its intended target of creating an innovation culture and entrepreneurial ecosystem in the country
    • This will be done by AIM via its various programs.
  • The intended targets that will be achieved by AIM are:
    • Establishing 10000 Atal Tinkering Labs (ATLs),
    • Establishing 101 Atal Incubation Centres (AICs),
    • Establishing 50 Atal Community Innovation Centres (ACICs) and
    • Supporting 200 startups via the Atal New India Challenges.
  • The total budgeted expenditure of  Rs.2000+ crore shall be incurred in the process of the establishment and supporting the beneficiaries.

Atal Innovation Mission (AIM)

  • Launched by NITI aayog, AIM is the Government of India’s flagship initiative to promote a culture of innovation and entrepreneurship in the country.
  • 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.
    • To provide platform and collaboration opportunities for different stakeholders.
  • Few Major Initiatives:
    • Atal Tinkering Labs: Creating a problem-solving mindset across schools in India.
    • Atal Incubation Centres: Fostering world-class startups and adding a new dimension to the incubator model.
    • Atal New India Challenges: Fostering product innovations and aligning them to the needs of various sectors/ministries.
    • Mentor India Campaign: A national mentor network in collaboration with the public sector, corporates and institutions.
    • Atal Community Innovation Centre: To stimulate community-centric innovation and ideas in the unserved /underserved regions including Tier 2 and Tier 3 cities.
    • Atal Research and Innovation for Small Enterprises (ARISE): To stimulate innovation and research in the MSME industry.
    • Apart from the above initiatives, it has also launched AIM Prime, AIM iCREST, etc to boost industrial exposure of students and innovators.
  • Achievements 
    • the AIM has worked on integrating innovation ecosystem both nationally and globally:
      • Bilateral relations
        • 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.
        • The AIMs played a pivotal role in the success of InSpreneur, an Innovation Startup Summit hosted between India and Singapore.
      • Defence sector
        • The AIM partnered with the Ministry of Defence to set up the Defence Innovation Organisation which is fostering innovation as well as procurement in the defence sector.
  • Startups 
    • The AIM supported startups have raised 2000+ Crores from the government and private equity investors and have created several thousand jobs. 

Source:PIB

 

Other News of the Day

In News Recently, Khadi and Village Industries Commission (KVIC) launched “Banarasi Pashmina” to boost self-sustainability & Artisanal Creativity. About  This is for the first time that Pashmina products are being produced outside the region of Leh-Ladakh and Jammu & Kashmir.  KVIC will be selling the “Made-in-Varanasi” Pashmina products through its showrooms, outlets and through its...
Read More

In News Defence Research and Development Organisation (DRDO) successfully flight tested Solid Fuel Ducted Ramjet (SFDR) booster at the Integrated Test Range (ITR), Chandipur off the coast of Odisha. About Solid Fuel Ducted Ramjet (SFDR) It has been developed by Defence Research and Development Laboratory, Hyderabad, in collaboration with other DRDO laboratories such as Research...
Read More

In Context Scientists at Pune’s Indian Council of Medical Research – National Institute of Virology were able to detect the presence of IgG antibodies against Nipah virus infection (NiV) in 51 bats that were captured from Karnataka, Kerala, Tamil Nadu and Puducherry. What are Antibodies? Antibodies are specialized Y-shaped proteins made by the immune system....
Read More

In News Recently, the National Medical Commission (NMC) has released draft guidelines for the national register of doctors after the licentiate exam. About The draft guidelines are on how the doctors will be registered in order to practice medicine. At present, Indian students do not have to sit for a licentiate exam after MBBS to...
Read More

In News Unveiling the first bi-monthly monetary policy review of the fiscal 2022-23 the Monetary Policy Committee of the RBI decided unanimously to leave the key policy rate unchanged and to remain accommodative.  Key takeaways from MPC meeting Repo rate remains unchanged: The RBI decision to keep Repo rates unchanged at 4 percent will help...
Read More

In News Recently, the Cabinet Committee on Economic Affairs accorded its approval for supply of fortified rice across  government schemes . About  The following three phases are envisaged for full implementation of the initiative: Phase-I: Covering ICDS and PM POSHAN in India all over by March, 2022 which is under implementation. Phase-II: Phase I above...
Read More

In News The Supreme Court upheld amendments introducing restrictions in the Foreign Contribution Regulation Act (FCRA) while holding that no one has a fundamental or absolute right to receive foreign contributions. What is the FCRA? Regulate foreign donations: It is a slew of new measures to regulate foreign donations. The Act, first enacted in 1976...
Read More