Navachar Mantra Launch by Jayant Chaudhary: Key Points
Why in the news
Minister Jayant Chaudhary started a nationwide programme that searches for ground-level inventors and startups and helps them grow. It is called Navachar Mantra.
Key facts
- Launched by: Union Minister Jayant Chaudhary.
- Purpose: identify, mentor and scale grassroots innovations and startups.
- Implementing body: NIESBUD.
- Knowledge partner: FITT of IIT Delhi.
- Support offered: mentorship, meetings with investors and showcases of innovations.
Significance
- Chosen innovators are backed for a full year, so ideas get sustained handholding rather than a one-time boost.
- The scheme links small, local innovators with mentors and investors.
Exam angle
- Scheme name: Navachar Mantra; implementer: NIESBUD.
- Knowledge partner: FITT, IIT Delhi.
- Duration of support for selected innovators: one year.