Govt extends Atal Innovation Mission till March 2023
ECONOMY & POLICY

Govt extends Atal Innovation Mission till March 2023

The Cabinet chaired by PM Narendra Modi has approved the continuation of the Atal Innovation Mission (AIM) till March 2023.

The AIM targets to create an innovation culture and entrepreneurial ecosystem across India.

The work will be carried out by AIM through its various programmes, and under-intended targets will be achieved by AIM. They are establishing 10,000 Atal Tinkering Labs (ATLs), 101 Atal Incubation Centres, and 50 Atal Community Innovation Centres and will also support 200 start-ups through the Atal New India Challenges.

The Minister of Information and Broadcasting, Anurag Singh Thakur, told the media that the total budgeted expenditure of over Rs 2,000 crore should be incurred while establishing and supporting the beneficiaries.

AIM aims to create and promote an ecosystem of innovation and entrepreneurship across the country through interventions at schools, universities, research institutions, micro, small and medium enterprises (MSMEs) and industry levels.

AIM has its focus on both infrastructure creation and institution building. It has created a bilateral relationship with several international agencies for building synergistic collaboration on innovation and entrepreneurship across India.

Image Source

Also read: Govt identifies 9 high-impact infra projects under Gati Shakti

The Cabinet chaired by PM Narendra Modi has approved the continuation of the Atal Innovation Mission (AIM) till March 2023. The AIM targets to create an innovation culture and entrepreneurial ecosystem across India. The work will be carried out by AIM through its various programmes, and under-intended targets will be achieved by AIM. They are establishing 10,000 Atal Tinkering Labs (ATLs), 101 Atal Incubation Centres, and 50 Atal Community Innovation Centres and will also support 200 start-ups through the Atal New India Challenges. The Minister of Information and Broadcasting, Anurag Singh Thakur, told the media that the total budgeted expenditure of over Rs 2,000 crore should be incurred while establishing and supporting the beneficiaries. AIM aims to create and promote an ecosystem of innovation and entrepreneurship across the country through interventions at schools, universities, research institutions, micro, small and medium enterprises (MSMEs) and industry levels. AIM has its focus on both infrastructure creation and institution building. It has created a bilateral relationship with several international agencies for building synergistic collaboration on innovation and entrepreneurship across India. Image Source Also read: Govt identifies 9 high-impact infra projects under Gati Shakti

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code