The Atal Innovation Mission (AIM), NITI Aayog, and the United Nations Development Programme (UNDP), in partnership with Citi Foundation, have launched the seventh edition of the Youth Co:Lab National Innovation Challenge for 2024-2025.
About Atal Innovation Mission (AIM)
- Establishment: AIM was set up in 2016.
- Objective: The mission aims to create and promote an ecosystem of innovation and entrepreneurship across schools, universities, research institutions, MSMEs, and industries.
- Implementing Agency: The Atal Innovation Mission is implemented by NITI Aayog.
- Major Initiatives
- Atal Tinkering Labs: Encourage problem-solving mindsets in schools.
- Atal Incubation Centers: Support world-class startups and enhance the incubator model.
About NITI Aayog
- The NITI (National Institution for Transforming India) Aayog is the premier public policy think tank of the Government of India
- It serves as the nodal agency for driving economic development and promoting cooperative federalism. By adopting a bottom-up approach, it engages State Governments in the economic policy-making process, moving away from the model of bargaining federalism.
- Establishment: NITI Aayog was established on January 1, 2015, by a resolution of the Union Cabinet to replace the Planning Commission.
- Nature of Body: It is an executive body and is non-constitutional and non-statutory.
- Structure
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- Chairperson: The Prime Minister.
- Vice Chairperson: Appointed by the Prime Minister.
- Ex-Officio Members: Up to four Union Ministers nominated by the Prime Minister.
- Governing Council: Includes the Prime Minister, Vice Chairperson, ex-officio members, full-time members, Chief Ministers, and Lieutenant Governors of UTs.
- Special Invitees: Administrators of select Union Territories.
- CEO: Appointed by the Prime Minister, manages daily operations and holds the rank of Secretary to the Government.
- Full-Time Members: Experts in fields like economics and science.
- Regional Councils: Address regional issues and are chaired by the Prime Minister or a representative.
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About Youth Co:Lab
- Foundation: Youth Co:Lab was founded in 2017 by UNDP and Citi Foundation.
- It aims to empower youth and promote the implementation of the Sustainable Development Goals (SDGs) through social innovation and entrepreneurship.
- Launch in India: The initiative was launched in India in 2019 in collaboration with the Atal Innovation Mission, NITI Aayog.
- National Innovation Challenge 2024-2025: This edition focuses on empowering young entrepreneurs and entrepreneurs with disabilities.
Key Achievements of Youth Co:Lab
- Regional Reach: Supported young social entrepreneurs in 28 countries and territories across Asia and the Pacific since 2017.
- Wide Engagement: Engaged over 255,000 participants through national dialogues, regional summits, and innovation challenges.
- Youth Development: Benefited 15,000+ young people through skills development activities and supported 1,700+ youth-led innovation and entrepreneurship teams.
- Collaborative Network: Established a Youth Empowerment Alliance with 210+ ecosystem stakeholders.
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About UNDP
- Establishment: UNDP was established in 1966 by the General Assembly of the United Nations.
- Focus Areas
- Sustainable development.
- Democratic governance and peacebuilding.
- Climate and disaster resilience.
- Funding: UNDP is funded entirely through voluntary contributions from UN member nations.
- Headquarters: Its global headquarters is located in New York, USA.
- The UNDP Country Office for India is situated in New Delhi.
- Reports Published
- Human Development Index.
- Sustainable Development Goals.
- Gender Inequality Index.