| Why in News | The Indian government has extended the Atal Innovation Mission (AIM) under NITI Aayog until 31st March 2028. |
| New Phase | Known as Atal Innovation Mission 2.0, approved by the Union Cabinet on 25th November 2024. |
| Objective | To address gaps in the innovation ecosystem, enhance inclusivity, and improve the quality of entrepreneurial outcomes. |
| Budget | ₹2,750 crore |
| Key Differences | |
| Focus | AIM 1.0: Established platforms like Atal Tinkering Labs (ATL) and Atal Incubation Centers (AIC). |
| AIM 2.0: Focuses on filling gaps and enhancing the ecosystem. |
| Programs | AIM 1.0: ATL for school innovation; AIC for scalable entrepreneurship. |
| AIM 2.0: Introduces Language-Inclusive Programs, Deeptech Reactor, Industry Accelerators, and Launchpads. |
| Three Aims of AIM 2.0 | |
| 1. Increasing Input | - Establish 30 Vernacular Innovation Centers in 22 languages. |
| - Set up 2,500 new Atal Tinkering Labs in J&K, Ladakh, NE states, and aspirational districts. |
| 2. Improving Success Rate | - Train 5,500 professionals through Human Capital Development Program. |
| - Launch Deeptech Reactor, State Innovation Mission, and International Innovation Collaborations Program. |
| 3. Enhancing Quality | - Establish 10 Industry Accelerators to scale advanced startups. |
| - Develop 10 Sectoral Innovation Launchpads in collaboration with central ministries. |
| Significance | |
| Promotes Inclusivity | Encourages participation from underrepresented regions through vernacular languages. |
| Ecosystem Efficiency | Addresses systemic gaps, creating a sustainable framework for startups. |
| Strengthens Collaboration | Enhances industry involvement and global collaborations. |