New Delhi, April 9 (KNN) The Union Cabinet chaired by Prime Minister Narendra Modi has approved the extension of Atal Innovation Mission (AIM) till March 2023.

The AIM will continue to work towards creating an innovation culture and entrepreneurial ecosystem in the country.

It will implement various programmes to set up 10,000 Atal Tinkering Labs (ATLs), 101 Atal Incubation Centres, and 50 Atal Community Innovation Centres across India.

Through the Atal New India Challenges it will also support 200 startups.

Anurag Singh Thakur, Information and Broadcasting Minister said that the total budgeted expenditure of Rs 2,000+ crore will be used in the process of establishing and supporting the beneficiaries.

The AIM will focus on interventions at school, university, research institutions, MSME and industry levels to achieve its objective of innovation and entrepreneurial ecosystem in India. (KNN Bureau)