In order to promote entrepreneurship leveraging the academic knowledge AYUSH Min Sonowal To Launch AIIA’s Incubation Centre For Innovation & Entrepreneurship
According to the Ministry of AYUSH, Minister of AYUSH and Ports, Shipping and Waterways Sarbananda Sonowal will inaugurate the All India Institute of Ayurveda’s (AIIA) Incubation Centre for Innovation and Entrepreneurship (AIIA- iCAINE) on October 29 at Vigyan Bhavan in New Delhi. The event, which is part of the sixth Ayurveda Day celebrations with the theme “Ayurveda for Poshan,” will also be attended by Dr Munjpara Mahendrabhai Kalubhai, Minister of State for AYUSH and Women and Child Development, according to the ministry.
A statewide seminar on “Start-ups in the AYUSH Sector- Scope and Opportunities (AYUR-UDYAMAH)” will be held on October 30 as part of the programme, according to the ministry. About 400 AYUSH institutes and MoU partners working with AIIA will be present at the event, as well as leaders from the Ayurveda sector from across India. The All India Institute of Ayurveda (AIIA) has built an incubator and innovation centre on its campus in order to seed a cluster of new-age companies and encourage entrepreneurship through the application of academic expertise.
The Indian government’s Ministry of Micro, Small and Medium Enterprises (MSME) has designated AIIA as a Host Institute (HI), which would help innovators develop and nurture their ideas. “Startups are new kinds of wealth producers in our country,” Prime Minister Narendra Modi said in his Independence Day speech on August 15, 2021, emphasising the need for the government to work diligently to make India’s Startups and Startup Ecosystem the best in the world. The Indian government is implementing a Centrally Sponsored Scheme of National AYUSH Mission (NAM) through States/UTs for the development and promotion of the AYUSH system of medicine, according to the ministry. In addition to the foregoing, AIIA has developed an immunity-boosting ‘Bal Raksha Kit’ for children aged six to sixteen, which will be unveiled during the event.