Aatmanirbhar Bharat ARISE-ANIC Initiative

admin September 10, 2020 Daily Current Affairs

Atal Innovation Mission (AIM), NITI Aayog, launched one of its most awaited programmes,the Aatmanirbhar Bharat ARISE-Atal New India Challenges, to spur applied research and innovation in Indian MSMEs and startups.
The programme will be driven by
- Indian Space Research Organization (ISRO),
- four ministries—
  - Ministry of Defence;
  - Ministry of Food Processing Industries;
  - Ministry of Health and Family Welfare; and
  - Ministry of Housing and Urban Affairs—and
  - Associated industries to facilitate innovative solutions to sectoral problems.
Initiative will help promote technopreneurs who deserve to be supported because of their immense potential of taking India forward.
This 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.