The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the continuation of the Atal Innovation Mission (AIM) under NITI Aayog, extending its scope and allocating a budget of Rs. 2,750 crore till March 31, 2028. The enhanced initiative, dubbed AIM 2.0, aims to bolster India’s innovation and entrepreneurship ecosystem, advancing the country’s goal of becoming a globally competitive and innovation-driven economy.

India currently ranks 39th on the Global Innovation Index and boasts the world’s third-largest startup ecosystem. AIM 2.0 is set to build on the successes of its predecessor by focusing on creating high-quality jobs, innovative products, and impactful services, further enhancing India’s standing in the global innovation landscape.

AIM 2.0 introduces transformative measures to expand and deepen the ecosystem, focusing on increasing participation, improving success rates, and enhancing the quality of outcomes. Notable initiatives include the Language Inclusive Program of Innovation (LIPI), aimed at reducing language barriers by promoting innovation in 22 scheduled Indian languages, and the Frontier Program, which tailors innovation models for regions such as Jammu & Kashmir, Ladakh, the North East, and aspirational districts. 

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Additionally, the mission will focus on improving throughput with programs like the Human Capital Development Program, which aims to produce 5,500 professionals to sustain the ecosystem, and the Deeptech Reactor, fostering long-term growth for research-based startups.

To elevate India’s global competitiveness, AIM 2.0 emphasizes international collaborations through initiatives like a Global Tinkering Olympiad, bilateral and multilateral partnerships, and knowledge-sharing with global institutions, including the United Nations’ World Intellectual Property Organisation.

The mission also seeks to integrate startups with key industries through programs like Industrial Accelerators and Atal Sectoral Innovation Launchpads, enabling public-private partnerships to scale advanced innovations. By fostering robust infrastructure, enhancing startup success, and driving global engagement, AIM 2.0 aims to position India as a leader in innovation and entrepreneurship on the world stage.

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