ATAL INNOVATION MISSION (AIM) (Syllabus: GS Paper 3 – Sci & Tech)

Context: Recently launched in New Delhi, the 6th Edition of the Youth Co:Lab fellowship prioritizes supporting youth-led startups in areas such as agriculture fintech, innovative solutions for indigenous peoples, and assistive technology.

Atal Innovation Mission (AIM)

• Establishment: 2016
• Purpose: It serves as the country's premier effort to cultivate a culture of innovation and entrepreneurship.
• Objective: To create and promote an innovation and entrepreneurship ecosystem, spanning from schools and universities to research institutions, MSMEs, and industries nationwide.
• Efficient Monitoring and Management: All activities under the initiative are systematically monitored and managed in real-time through advanced Management Information Systems (MIS) and dynamic dashboards.
• Implementing Agency: NITI Aayog is the designated agency responsible for the implementation of the initiative.
• Components of AIM: Atal Tinkering Labs (ATL), Atal Incubation Centres, Atal New India Challenge, Mentor of Change Program, Atal Community Innovation Center and Atal Research & Innovation for Small Enterprises (ARISE)