Union Cabinet approves the continuation of the Atal Innovation Mission (AIM) | Current Affairs | Vision IAS
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Union Cabinet approves the continuation of the Atal Innovation Mission (AIM)

Posted 26 Nov 2024

2 min read

AIM 2.0, a flagship initiative under NITI Aayog aims at piloting new initiatives to fill gaps and scale success in the innovation and entrepreneurship ecosystem. 

Key Highlights of AIM 2.0

  • Allocated Budget: Rs. 2,750 crore 
  • Duration: Till March 31, 2028.

Key Objectives

  • To strengthen India’s innovation and entrepreneurship ecosystem in three ways by: 
    • Increasing Input (i.e., ushering more innovators and entrepreneurs) through:
      • Language Inclusive Program of Innovation (LIPI): Establish Vernacular Innovation Centers in existing incubators in scheduled languages. 
      • Frontier Program: Create customized templates for Jammu and Kashmir (J&K), Ladakh, the North Eastern states (NE), Aspirational Districts and Blocks. 
    • Improving the success rate or throughput through:
      • Human Capital Development Program: System for producing professionals (managers, teachers, trainers). 
      • Deeptech Reactor: Research sandbox for testing ways of commercializing research-based deep tech startups. 
      • State Innovation Mission (SIM) to assist states/UTs under NITI Aayog’s State Support Mission.
      • International Innovation Collaborations program: Envisaging an Annual Global Tinkering Olympiad, Bi-lateral, multilateral engagements with advanced nations, etc. 
    • Improving output through
      • Industrial Accelerator program: Create Industry Accelerators in critical sectors in Public Private Partnership (PPP) mode.
      • Atal Sectoral Innovation Launchpads (ASIL) program: Build iDEX-like platforms in central ministries. 

About AIM 1.0

  • Launched in 2016 for fostering new innovation infrastructure to strengthen India’s then nascent innovation ecosystem. Some key components include: 
    • Atal Tinkering Lab (ATL) at school level.  So far, 10,000 such labs exist across the country.
    • Atal Incubation Centres (AICs) at universities, institutions and corporates. 
    • Others: Atal Community Innovation Centres (for unserved/underserved areas); Atal New India Challenge, etc. 
  • Tags :
  • NITI Aayog
  • Atal Innovation Mission
  • AIM 2.0
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