Kolkata: Finance Minister Arun Jaitley Saturday announced the Atal Innovation Mission with an initial fund of Rs.150 crore for research and development.
"The platform will also provide a network of world class hubs...The initial sum of Rs.150 crores will be earmarked for this purpose," Jaitley said while presenting India`s national budget for the next fiscal.
With the help of entrepreneurs and researchers, the platform will foster a culture of innovation, research and development, the minister said.
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