Posted by NewAdmin on 2025-02-05 09:17:46 |
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The Union Cabinet has approved the continuation of its flagship Atal Innovation Mission (AIM), under NITI Aayog, with an allocation of ₹2,750 crore until March 31, 2028.
“Atal Innovation Mission began in India to bring the youth forward in innovation and entrepreneurship... Today, the union cabinet has approved Atal Innovation Mission 2.0 with an estimated cost of ₹2,750 crore... We got the input that students face issues as there was no vernacular language concept in its earlier version, 30 such innovation centers will be opened which will operate in vernacular language...,” I&B minister Ashwini Vaishnaw said on Monday. A government statement said: “Continuation of AIM will directly contribute to creating better jobs, innovative products and high-impact services across sectors. While building on the accomplishments of AIM 1.0, such as Atal Tinkering Labs and Atal Incubation Centres, AIM 2.0 marks a qualitative shift in the mission’s approach.”
The Atal Innovation Mission (AIM), a flagship initiative of the Indian government, continues to promote innovation and entrepreneurship nationwide. Through sub-schemes like Atal Tinkering Labs (ATL) and Atal Incubation Centers (AICs), AIM has established over 10,000 labs in schools to encourage STEM education and supported approximately 3,500 startups via 72 incubation centers. These efforts aim to nurture creativity among students and provide necessary resources for startups, contributing to India's growing innovation ecosystem.