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Centre launches new Aatmanirbhar Bharat schemes

Thursday, 10 Sep 2020
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The Central government has launched the Aatmanirbhar Bharat ARISE-Atal New India Challenges programme to support MSMEs and start-ups.

This will help in making India innovative, resilient, tech-driven and research and development (R&D) oriented.

The Niti Aayog's Atal Innovation Mission (AIM), in collaboration with the Indian Space Research Organisation (ISRO) and four ministries, will focus on challenges in 15 sectors through the programme.

The Atal Innovation Mission, through the ARISE-Atal New India Challenges, will help in breaking new ground and this will be a path-breaking approach for driving India in the field of innovation.

A grant-in-aid of up to Rs 50 lakh for nine to 12 months has been earmarked for start-ups to develop a minimum usable prototype.

AIM is a flagship initiative of the Niti Aayog to promote innovation and entrepreneurship in the country, based on detailed study and deliberations on innovation and entrepreneurial needs of India in the years ahead.

 
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