Rs.150 crore for research, innovation
28-February-2015
Finance Minister Arun Jaitley Saturday announced the Atal Innovation Mission (AIM), an innovation promotion platform in the NITI Aayog, with an initial fund of Rs.150 crore for research and development.
"The platform will also promote a network of world-class innovation hubs... Initially, a sum of Rs.150 crore will be earmarked for this purpose," Jaitley said while presenting India's national budget for the next fiscal.
Named after former prime minister Atal Bihari Vajpayee, AIM will be an innovation promotion platform involving academics, entrepreneurs and researchers.
It would draw upon national and international experiences to foster a culture of innovation, research and development and scientific research in India, Jaitley said in his speech. - IANS
Junior Chidambaram Calls For Urban-Focused Political Outfit, Free Of Identity Politics
Uddhav and Raj Thackeray May Unite for Protest Against Hindi Imposition
With Govt Help and Good Prices, Dragon Fruit Turns into a Profitable Crop
Ex-DGP To Join Probe Into Akali Leader Majithia's Rs 540 Crore Drug Money Laundering Case
Villa Rental Platform StayVista Raises Over Rs 40 Crore in Series B Round