Cabinet approves continuation of Atal Innovation Mission till March 2023

The Union Cabinet has approved continuation of Atal Innovation Mission (AIM) till March 2023. The AIM will work on its intended target of creating an innovation culture and entrepreneurial ecosystem in the country. The intended targets of the mission include establishing ten thousand Atal Tinkering Labs, 101 Atal Incubation Centers, 50 Atal Community Innovation Centers and supporting 200 startups via the Atal New India Challenges. The total budgeted expenditure of over two thousand crore rupees will be incurred in the process of the establishment and supporting the beneficiaries.

The Atal Innovation Mission is aimed at creating and promoting an ecosystem of innovation and entrepreneurship across the country via interventions at school, university, research institutions, MSME and industry levels. The AIM has focused on both infrastructure creation and institution building.