Translation (English-Hindi) Exercise – 52

Translation (English-Hindi) Exercise – 52

Schools can create innovative, problem-solving leaders of the future and we need to ensure that we are able to create a sizeable number of entrepreneurs and innovators through the innovation initiatives of the country. The same can be done by establishment of the model followed by Atal Tinkering Labs and by the establishment of incubators in graduate colleges.

At the grassroots, a cultural shift in attitude towards entrepreneurship through education and awareness and through incentivization of relevant product innovations with commercial and social impact can go a long way in achieving the equity in the growing innovation ecosystem. This shall not only trigger and incentivise entrepreneurial thinking but also minimise the fear of risk-taking and risk management. Recognising this need, the Government of India has setup the Atal Innovation Mission (AIM) to promote a culture of innovation and entrepreneurship in the country. AIM's objective is to develop new programmes and policies for fostering innovation in different sectors of the economy, provide platform and collaboration opportunities for stakeholders, and create awareness and create an umbrella structure to oversee the innovation ecosystem of the country.

Atal Innovation Mission has adopted a holistic framework to achieve its objective of creating a culture of innovation and entrepreneurship in the country. It is doing so by taking on a lifecycle approach of not only building an entrepreneur but also supporting them with the right institutional development and further grants-in-aid mechanism.