Industrial Sector Updates – Industrial Policy, Ease of Doing Business, etc.

[pib] ARISE-ANIC Initiative

Note4Students

From UPSC perspective, the following things are important :

Prelims level : ARISE-ANIC initiaitive

Mains level : Reviving MSME Sector of India thr

Atal Innovation Mission (AIM), NITI Aayog, has launched Aatmanirbhar Bharat ARISE-Atal New India Challenges, to spur applied research and innovation in Indian MSMEs and startups.

The name ARISE typically sounds some social sector or HRD related initiative. This is where one has to be cautious.

ARISE ANIC Initiative

  • The program is a national initiative to promote research & innovation and increase the competitiveness of Indian startups and MSMEs.
  • Its objective is to proactively collaborate with esteemed Ministries and the associated industries to catalyse research, innovation and facilitate innovative solutions to sectoral problems.
  • It also aims to provide a steady stream of innovative products & solutions where the Central Government Ministries / Departments will become the potential first buyers.
  • It is in line with the PM’s mandate of “Make in India”, “Startup India”, and “Aatmanirbhar Bharat” to fast track the growth of the Indian MSME sector.

Its implementation

  • The programme will be driven by ISRO, four ministries—Ministry of Defence; Ministry of Food Processing Industries; Ministry of Health and Family Welfare; and Ministry of Housing and Urban Affairs.
  • It will support deserving applied research-based innovations by providing funding support of up to Rs 50 lakh for speedy development of the proposed technology solution and/or product.
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