The union cabinet has approved the continuation of the (AIM) under NITI Aayog with an expanded scope and a budget of INR 2,750 Cr until March 2028.

The union cabinet has approved the continuation of the (AIM) under NITI Aayog with an expanded scope and a budget of INR 2,750 Cr until March 2028👇

The initiative aims to strengthen India’s innovation and entrepreneurship ecosystem, focusing on job creation, improving startup success rates, and delivering better-quality outcomes.

“With India at rank 39 on the Global Innovation Index and home to world’s third-largest startup ecosystem, the next phase of Atal Innovation Mission (AIM 2.0) is expected to further enhance India’s global competitiveness,” the government said in a statement.

AIM 2.0 will also have several new programmes to address gaps in the startup ecosystem.

Credit:inc42.com