Government to set up 51 incubators for aspiring entrepreneurs

The GoI will set up 51 new incubators for startups in the information and communications technology space across India as part of its Technology Incubation and Development of Entrepreneurs (Tide) 2.0 scheme.

Tide 2.0 will offer financial and technical support to incubators supporting ICT startups that are involving usage of deep technologies including artificial intelligence, blockchain, robotics, and internet of things in “pre identified areas of societal relevance”.

The scheme has categorized the selection of incubators into three categories:
Group 1 Centre (G1C), G2C, and G3C.

Source: The Financial Express

Static/Current Takeaways Important For LIC AAO Mains 2019:

  • Union Minister of Electronics and Information Technology: Ravi Shankar Prasad

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