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Cabinet approves extension of Atal Innovation Mission

  • IASbaba
  • April 9, 2022
  • 0
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Cabinet approves extension of Atal Innovation Mission

Part of: GS-Prelims and GS-II: Government policies and interventions for development in various sectors

Context: The Union Cabinet has approved continuation of Atal Innovation Mission (AIM), till March 2023.

  • The AIM shall work on its intended target of creating an innovation culture and entrepreneurial ecosystem in the country.
  • Objective: To create and promote an ecosystem of innovation and entrepreneurship across the country via interventions at school, university, research institutions, MSME and industry levels.
  • The AIM has focused on both infrastructure creation and institution building.

The intended targets that will be achieved by AIM are:

  • 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.

News Source: PIB

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