NITI Aayog to open applications for Atal New India Challenge

ANI  |  New Delhi [India] 

The Innovation Mission (AIM) under the Aayog shall be launching the New Challenge on April 26.

Under the New 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 such as Climate Smart Agriculture, Smart Mobility, Predictive Maintenance of Rolling Stock, Waste Management etc.

Applicants showing capability, intent and potential to productize technologies will be awarded grants up to Rs. 1 crore. This grant will be further supplemented by mentoring, handholding, incubating and other support as needed at various stages of commercialisation, while generating wider deployment for the product.

The event will see presence of Rajiv Kumar, Vice-Chairman, Aayog, Nitin Gadkari, for Road Transport & Highways, Shipping and Water Resources, River Development & Ganga Rejuvenation, Radha Mohan Singh, Union & Farmers Welfare, Hardeep Singh Puri, Union (Independent Charge), Housing and Urban Affairs, SS Ahluwalia, Minister of State, Ministry of Drinking Water & Sanitation, Amitabh Kant, CEO, Aayog and Ramanathan Ramanan, Mission Director, AIM.

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First Published: Wed, April 25 2018. 12:20 IST