CURRENT AFFAIRS

Detailed explanation-1: -Atal New India Challenge is a flagship program of Atal Innovation Mission, NITI Aayog. The program aims to seek, select, support and nurture technology-based innovations that solve sectoral challenges of national importance and societal relevance.

Detailed explanation-2: -Atal Innovation Mission (AIM), NITI Aayog is Government of India’s flagship initiative to promote a culture of innovation and entrepreneurship in the country and was setup in 2016.

Detailed explanation-3: -The Atal Innovation Mission (AIM) is a flagship initiative set up by the NITI Aayog in 2016 to promote innovation and entrepreneurship across the length and breadth of the country.

Detailed explanation-4: -The correct answer is 26 April 2018. The Atal Innovation Mission (AIM) under the NITI Aayog launched the Atal New India Challenge on April 26 2018. Under the Atal New India Challenge, AIM will invite prospective innovators/MSMEs/start-ups to design market-ready products.

Detailed explanation-5: -Objectives of AIM: to develop new programs and policies for fostering innovation in different sectors of the economy, provide platform and collaboration opportunities for different stakeholders, create awareness and create an umbrella structure to oversee the innovation ecosystem of the country.