CURRENT AFFAIRS

Detailed explanation-1: -"The policy’s target is to create a conducive environment enabling 1% of our graduates to become job creators, and the Student Innovation Fund would help develop an innovation and pre-incubation ecosystem across the state, ” said Bhupendrasinh Chudasama, Minister of Education, Gujarat government.

Detailed explanation-2: -Detailed Solution. The correct answer is Gujarat.

Detailed explanation-3: -Notes: Gujarat Chief Minister Bhupendra Patel launched the Student Startup and Innovation Policy (SSIP) 2.0, at the International Conference of Academic Institutions (ICAI-2022) It aims to financially support school students in innovation and will be implemented for the next five years till March, 2027.

Detailed explanation-4: -SSIP 2.0 rules provides support to any person aged up to 35 years, who is a school student; or a vocational, diploma, undergraduate, postgraduate & doctoral student; or an alumna, alumnus or any dropout from institute, university or school.

Detailed explanation-5: -Benefits/Assistance of the Scheme: Additional Grant up to INR 10 lakh can be availed by startups with significant social impact. Sustenance Allowance of up to INR 20, 000 per month for one year and up to INR 25, 000 per month for one year, if the start-up has at least one woman co-founder.