Atal Innovation Mission

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About This Presentation

The Atal Innovation Mission (AIM) is being set up under NITI. AIM will be an Innovation Promotion Platform involving academics, entrepreneurs, and researchers drawing upon national and international experiences to foster a culture of innovation, R&D in India. The platform will also promote a net...


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AN INITIATIVE OF SHIVNANDANI INDUSTRIES PVT LTD AND JAGDAMB JANAKI NAWAL JANAKI
SOCIETY
Atal Innovation Mission


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7/10/2015

Atal Innovation Mission
The Atal Innovation Mission (AIM) is being set up under NITI. AIM will be an Innovation
Promotion Platform involving academics, entrepreneurs, and researchers drawing upon national
and international experiences to foster a culture of innovation, R&D in India. The platform will
also promote a network of world-class innovation hubs and grand challenges for India.
The new scheme — to be named the Atal Innovation Mission after former PM Atal Bihari
Vajpayee — will provide funds to a network of institutions to conduct research on innovations
that can improve economic growth and job creation. The mission will also provide inputs to all
central ministries on innovation and suggest a funding mechanism for result-oriented research,
officials said.
“Young Indians will have to be the focal point of these innovation projects,” said a senior official
of the National Institution for Transforming India (Niti) Aayog, which has been asked by the
Prime Minister’s Office to formulate the new scheme. “Providing money to take innovation to
market will be the scheme’s key driver”.
In the budget for 2014-15, Rs 150 crore was allotted for the innovation mission, which will
replace the National Innovation Council, a significant difference between the two will be the
powers to disburse funds
“The idea is to create a mechanism for exchange of ideas on which research could be conducted
by domestic research institutes with positive results,” an official said.
A committee on entrepreneurship and innovation has since been constituted.AIM may well be thought
of as a Pyramid with
Base –culture and attitude(Long gestation period with profound impact .Must promote risk taking mind
set to use diverse set of skill sets to address pressing needs. Entrepreneurship is a creativity and venture
is a thing of beauty. Society tolerant of failure will have to be created.)
Middle- Education, skill and Infrastructure (Education give faster result. Global Innovative Index of India
is 74
th
in 143 countries. Pervasive learning with narrow test score concept must give way. Problem
solving skill must be taught. Basic science and data literacy is essential otherwise existing trend of
approximately 47% graduates finding unemployable in knowledge economy will continue. Hard
infrastructure to promote innovation is important)
Top –Incentive, Incubation and prizes(Substantive and symbolic support to entrepreneurs by
competition is a way out. Incubator frenzyness to be promoted. Out put measures rather than money
spent is important to bring efficiency. Incubators with link to Universities and Industry be encouraged.
Hope it will be prove catalytic for our long march.
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