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Dr. Jitendra Singh Advocates Early Industry Linkage for Start-Up Sustainability

In a recent address, Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology, highlighted the importance of early industry linkage in ensuring the sustainability of start-ups. He emphasized the need for a collaborative funding approach that fosters accountability and shared responsibility in innovation.

AIM 2.0: A Pivotal Step Towards Boosting the Innovation Ecosystem

During the Atal Innovation Mission (AIM) High-Level Committee Meeting at NITI Aayog, Dr. Jitendra Singh discussed AIM 2.0 as a crucial measure to foster entrepreneurship, enhance public-private partnerships (PPP), and integrate industry linkages to sustain start-ups. He lauded the efforts under AIM 1.0, attributing its success to the enabling policies introduced post-2014 under the leadership of Prime Minister Narendra Modi.

Preserving AIM 2.0's Creative Independence

While acknowledging concerns about AIM 2.0's transition into a ministerial framework, Dr. Jitendra Singh called for a structure that retains the mission's intellectual and creative independence. He proposed a hybrid framework, similar to those adopted in other sectors like space and biotechnology, to supplement efforts without stifling innovation.

An Aspirational Framework for Measuring Start-Up Impact

Dr. Jitendra Singh addressed the need for an aspirational framework to rate start-ups based on key indices such as publication impact, start-up viability, and livelihood generation. He urged stakeholders to focus on creating livelihoods through innovation, ensuring the ecosystem's ultimate contribution to societal well-being.

Language-Neutral Innovation for Equitable Opportunities

In a call for inclusivity, the Minister advocated for a language-neutral approach to innovation, with a focus on equitable opportunities across India's diverse linguistic landscape. He urged stakeholders to address translation challenges that could inadvertently disadvantage regional participants.

Envisioning a Progressive Trajectory for AIM

Concluding his remarks, Dr. Jitendra Singh expressed optimism about AIM's future, envisioning a progressive trajectory towards AIM 3.0 and beyond. He emphasized the importance of strengthened partnerships and an expanded innovation ecosystem to position India as a global leader in innovation.

 

Code snippet demonstrating a simple start-up rating algorithm

def start_up_rating(publication_impact, start_up_viability, livelihood_generation): 
	score = (publication_impact + start_up_viability + livelihood_generation) / 3 return score `

The AIM High-Level Committee Meeting brought together policymakers, industry leaders, and academic experts to deliberate on the roadmap for AIM 2.0, with a shared commitment to fostering a vibrant and sustainable innovation ecosystem in India.

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Last updated: 08 JAN 2025 4:12PM by PIB Delhi.

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Last updated on March 15, 2025