ATAL
Innovation Mission (AIM) Setup In Budget 2015.
- Government has announced to establish the ATAL Innovation Mission(AIM) in NITI.
- AIM will be an Innovation Promotion Platform involving academics, entrepreneurs and researchers and draw upon national and international experiences to foster a culture of innovation, R&D and scientific research in India.
- This platform will also promote a network of world-class innovation hubs and Grand Challenges for India.
- Initially a sum of Rs.150 crore will be earmarked for this purpose.
Self Employment and Talent
Utilisation (SETU) Setup In Budget 2015
- Government has announced the setting up of a Self- Employment and Talent Utilisation (SETU) mechanism.
- SETU will be a Techno-Financial, Incubation and Facilitation Programme to support all aspects of start up businesses, and other self-employment activities, particularly in technology-driven areas.
- An amount of Rs.1000 crore is being set up initially in NITI Aayog for SETU.
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