Atal Innovation Mission (AIM), NITI Aayog, has launched the Aatmanirbhar Bharat ARISE-Atal New India Challenges. The programme will spur applied research and innovation in Indian MSMEs and startups. The initiative will help identify and promote innovations necessary for boosting the MSME sector.
The programme will be driven by Indian Space Research Organization (ISRO), four ministries including Ministry of Defence; Ministry of Food Processing Industries; Ministry of Health and Family Welfare; and Ministry of Housing and Urban Affairs along with associated industries to facilitate innovative solutions to sectoral problems. The programme will support deserving applied research–based innovations by providing funding support of up to Rs 50 lakh for speedy development of the proposed technology solution and/or product.
Important takeaways for all competitive exams:
- Chief Executive Officer (CEO) of NITI Aayog: Amitabh Kant.