Atal New India Challenges Launched By National Institution for Transforming India

Applicants showing capability, intent, and potential to productize technologies will be awarded grants up to Rs. 1 crore. This grant support will be supplemented by mentoring, hand-holding, incubating and other support as needed at various stages of commercialization while generating wider deployment.

0
71

Atal New India Challenges Launched By National Institution for Transforming India

The Atal Innovation Mission (AIM) of the NITI Aayog today announced to launch the Atal New India Challenges, which came into being following Prime Minister’s clarion call to bring innovations and technologies relevant to the people.

Applicants showing capability, intent, and potential to productize technologies will be awarded grants up to Rs. 1 crore. This grant support will be supplemented by mentoring, hand-holding, incubating and other support as needed at various stages of commercialization while generating wider deployment.

Vice-Chairman of NITI Aayog highlighted the need to ensure inclusive and innovative solutions. He said, the topics placed in different phases are aligned with India’s needs and through the support of innovation; we are ready to make a giant leap towards a New India.

Union Minister of State, stressed the need to identify affordable solutions to problems of groundwater recharge and ensuring every citizen has access to safe drinking water.

Read Also: NITI Aayog Launched Women Entrepreneurship Platform (WEP)

CEO, NITI Aayog, emphasized the need to identify unique technological solutions to problems unique to India. He said, Bringing more innovations to the service of Indian citizens will require more individuals and entities to innovate for Indian needs, and take innovative products to market through several mechanisms, such as startups, government schemes, or other deployment mechanisms.

He also highlighted the fact that the challenges are being issued after rigorous consultations and discussions with the partner ministries.

Mission Director, Atal Innovation Mission, said, these innovations will be deployed to make lives of all Indian citizens better. Atal New India Challenges programme will bring a technological revolution in the lives of the common man, solving India’s technological challenges locally.

Under the Atal New India Challenge, which shall be run in collaboration with five ministries, AIM will invite prospective innovators/MSMEs/start-ups to design market-ready products, using cutting-edge technologies or prototypes across 17 identified focus areas, namely,

  • Climate-smart agriculture
  • Fog vision system for road and rail
  • Prevention of Rail failure using emerging technologies
  • Predictive maintenance of Rolling Stock
  • Alternate fuel based transportation
  • Smart Mobility
  • Electric Mobility
  • Safe transport
  • Instant Portable Water Quality Testing
  • Affordable Desalination / Recycling Technology
  • Waste management recycling/reuse
  • Garbage composition devices
  • Quality of compost
  • Decentralized composting
  • Mixing blades for composting
  • Waste in public spaces
  • Dissuading public littering

The Atal New India Challenges is open to Indian companies registered under the Companies Act 1956/2013, primarily a Micro, Small and Medium Enterprises (MSME) as defined in the MSMED Act, 2006. It is also open to Start-Ups, as defined by the Department of Industrial Policy and Promotion (DIPP), Government or private R&D organizations (other than a Railway R&D organization), academic institutions, academicians, or even individual innovators are encouraged to apply, provided they partner with entities with appropriate manufacturing capabilities.

Grants shall be awarded in up to 3 tranches within 12 – 18 months, contingent on achieving milestones and up to a total of 50 grants in the fiscal year 2018 – 19 may be given out. The grants will not be mutually exclusive – several grants may be given in a focus area.

Source Link- http://www.business-standard.com/

LEAVE A REPLY

Please enter your comment!
Please enter your name here