Atal New India Challenge 2.0
2022 MAY 2
Preliminary >
Science and Technology > National initiatives and institutions > Innovation and New technologies
Why in news?
- Atal Innovation Mission launched the phase 1 of the 2nd edition of the Atal New India Challenge (ANIC 2.0).
- ANIC 1.0 was launched in 2018 for the clarion call to bring innovations and technologies relevant to the people.
About Atal New India Challenge:
- Atal New India Challenge is a flagship program of Atal Innovation Mission, NITI Aayog.
- The program aims to seek, select, support and nurture technology-based innovations that solve sectoral challenges of national importance and societal relevance.
- ANIC solicits innovations in the prototype stage and supports the selected start-ups through to the commercialization stage over a course of 12 – 18 months.
Objectives:
- To incentivize innovations in areas critical to India’s development and growth
- To address the Commercialization Valley of Death (Gap between the research and commercialization) - supporting innovators scale over the risks associated with access to resources for testing, piloting and market creation.
NB: To know about Atal Innovation Mission click here
PRACTICE QUESTION:
Atal Innovation Mission is set up under the:
(a) Department of Science and Technology
(b) Ministry of Labour and Employment
(c) NITI Aayog
(d) Ministry of Skill Development and Entrepreneurship
Answer