Background Guide

BACKGROUND GUIDE

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 Background Guide

Niti Aayog

AGENDA- Start-ups shape future of industries.

CHAIRPERSON- Mr. Piyush Pandit

VICE CHAIRPERSON- Ms. Disha

MANDATE OF THE COMMITTEE

INTRODUCTION:
NITI Aayog has the twin mandate to oversee the adoption and monitoring of the SDGs in the country and promote
competitive and cooperative federalism among States and UTs. 
 
The task at hand for NITI Aayog is not just to periodically collect data on SDGs but to proactively realise the goals
and targets. The Ministry of Statistics and Programme Implementation (MoSPI) has already undertaken a parallel
exercise of interaction with the Ministries to evolve indicators reflecting the SDG goals and targets.
 
NITI Aayog in consultation with MoSPI has prepared a draft mapping of the goals and targets as an initial step.
Further, the centrally sponsored schemes, including the ‘core of the core’, ‘core’ and ‘optional’ schemes implemented
by the States, and some of the recent initiatives undertaken by the Central Government have been mapped. Moreover,
Ministries and States are implementing central sector schemes and state schemes, respectively, aligned with one or
more SDGs.

Objectives
 To evolve a shared vision of national development priorities, sectors and strategies with the active involvement
of States.
 To foster cooperative federalism through structured support initiatives and mechanisms with the States on a
continuous basis, recognizing that strong States make a strong nation.
 To develop mechanisms to formulate credible plans at the village level and aggregate these progressively at
higher levels of government.
 To ensure, on areas that are specifically referred to it, that the interests of national security are incorporated in
economic strategy and policy.
 To pay special attention to the sections of our society that may be at risk of not benefiting adequately from
economic progress.
 To design strategic and long-term policy and programme frameworks and initiatives, and monitor their
progress and their efficacy. The lessons learned through monitoring and feedback will be used for making
innovative improvements, including necessary mid-course corrections.
 To provide advice and encourage partnerships between key stakeholders and national and international like-
minded think tanks, as well as educational and policy research institutions.

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 To create a knowledge, innovation and entrepreneurial support system through a collaborative community of
national and international experts, practitioners and other partners.
 To offer a platform for the resolution of inter-sectoral and inter departmental issues in order to accelerate the
implementation of the development agenda.
 To maintain a state-of-the-art resource centre, be a repository of research on good governance and best
practices in sustainable and equitable development as well as help their dissemination to stake-holders.
 To actively monitor and evaluate the implementation of programmes and initiatives, including the
identification of the needed resources so as to strengthen the probability of success and scope of delivery.
 To focus on technology upgradation and capacity building for implementation of programmes and initiatives.
 To undertake other activities as may be necessary in order to further the execution of the national development
agenda, and the objectives mentioned above.

NITI AAYOG on Start-ups shape future of industries.

Start ups represent an important part of the economy and can shape the future of jobs, products and industries, NITI
Aayog vice chairperson Suman Bery said on Tuesday. Speaking at the launch of 'AIM-PRIME Playbook', Bery further
said science-based start ups are particularly exciting due to their potential for delivering large-scale social impact. 

The AIM PRIME (Programme for Researchers in Innovation, Market Readiness and Entrepreneurship) programme by
NITI Aayog is aimed at promoting early-stage science-based, deep technology ideas to market through training and
guidance over a period of 12 months using a blended learning curriculum. 

Speaking at the event, Union Minister of State for Health and Family Welfare Bharti Pawar said during the pandemic,
startups rose to the occasion and made very important contributions in diagnostics, PPEs, ventilators and last-mile
vaccine delivery. 

This demonstrated the potential that Indian startups hold in solving problems in the healthcare sector. 

The first cohort of the AIM PRIME program consisted of science-based startups, faculty entrepreneurs and incubator
managers, where they worked on progressing their ideas by teaming up with an incubator. 

The cohort included 40 organisations and 64 participants, representing 23 different cities across seven states and
represented a wide variety of science-based sectors, including industrial automation, IoT, electronics, robotics, energy
and environment, health and rehabilitation, and food, nutrition and agriculture.
Here is a lot of enthusiasm in government regarding India’s improvement in innovation index. Prime Minister
Narendra Modi and his team have affirmed to make India an innovation hub.

INITIATIVES BY THE GOVERNMENT:

Pradhan Mantri Mudra Yojana

PM Modi launched Pradhan Mantri Mudra Yojana, wherein Micro Units Development and Refinance Agency Bank or
MUDRA Banks provide loans at low rates to micro-finance institutions and non-banking financial institutions, who in
turn provide low-interest loans to start ups and MSMEs. Hence, Pradhan Mantri Mudra Yojana is one of its kind fund
of funds, devised and conceptualized to empower Indian entrepreneurs. Loans up to Rs 10 lakh can be availed under
the MUDRA scheme.

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It was launched in 2015 and within 2 years, more than 1.8 crore jobs were generated due to the loans and business
generated via MUDRA. Till August 14th, 2020, more than 67 lakh loans amounting to Rs 48,000 crore have been
sanctioned under the MUDRA scheme.

There are three categories of businesses, which can avail loans under MUDRA loan for startups:
 Category 1:Shishu, which is for new businesses. Loans up to Rs 50,000 can be availed.
 Category 2: Kishor, which is a mid-aged business. Loans up to Rs 5 lakh can be availed.
 Category 3: Tarun, which is an existing, experienced business. Loans up to Rs 10 lakh can be availed.

Credit Guarantee Trust Fund for Micro & Small Enterprises (CGTSME)
CGTSME is one of the biggest Startup Loan Schemes launched by the Ministry of MSME in India.
Under this Government scheme, a collateral-free loan of up to Rs 1 crore is provided to eligible startups and MSMEs.
The loan is dispersed via a trust named Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE),
which is powered by the Ministry of MSME and Small Industries Development Bank of India (SIDBI).

Financial Support to MSMEs in ZED Certification Scheme

Focussed on existing and new manufacturing units, ZED or Zero Defect and Zero Effect mission is to encourage
manufacturers to create better products, with high quality and zero defects. The focus is to enable manufacturers to
embrace world-class manufacturing processes, and use technology to ensure that their products are the best in the
class.
The government scheme will provide both financial support, and technology and tools to ensure zero defects in their
products.

Credit Linked Capital Subsidy for Technology Upgradation (CLCSS)

Govt is clearly aware that technology is the tool that can propel Indian startups and MSMEs to compete with global
competitors. This is the reason for the creation of the Credit Linked Capital Subsidy for Technology Upgradation
(CLCSS) Government scheme, wherein Govt provides financial help to MSMEs to upgrade their technology and
implement state of an art technological platforms for their business. Under CLCSS, Govt provides a 15% subsidy for
investment up to Rs 1 crore for upgrading technology for startups and MSMEs in India. More than 7500
products/services are covered under this Government scheme.

Design Clinic for Design Expertise to MSMEs

Design and innovation are critical for any sector, and every startup and MSME should have a design-centric approach
to solve the problems of their niche. In order to encourage and inspire small businesses to experiment and try out new
designs for their products, the MSME Ministry has created a Design Clinic for inducing design-related expertise for
startups and MSMEs. Under this Government scheme, Govt. will provide up to Rs 60,000 aid for attending design
seminars and up to Rs 3.75 lakh or 75% of the cost of a seminar, wherein the entrepreneur and/or their team can learn
and implement design theories and learn more about them. Via this program, entrepreneurs can know about the latest
trends and practices related to designs, interact and network with other designers, entrepreneurs, and learn in-depth
about design mentality and theories.

ADDITIONAL RESEARCH MATERIAL/ SOME OTHER USEFUL AND VALID SOURCES:

 https://www.msmex.in/learn/government-schemes-for-startups-and-msmes-in-india/
 https://www.startupindia.gov.in/content/sih/en/international/go-to-market-guide/government-initiatives.html
 https://dpiit.gov.in/startup-india/startup-india-initiative
 https://globaltalex.com/post_details/How%20Government%20Policies%20and%20Initiatives%20are
%20helping%20Indian%20Startups%3F

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 https://www.insightsonindia.com/social-justice/welfare-schemes/schemes-under-ministry-of-commerce-
industry/startup-india/

Kindly go through the given information about the rules of procedure, guidelines, mandate, agenda and other
important aspects of NITI Aayog, as well as the additional links t. o ensure you are well
prepared for the conference with analysis, statistics and viable solutions during the committee. Happy
Researching!
Feel free to contact the undersigned in case of any queries or doubts.

Email: panditpiyush721@gmail.com

Whatsapp No. +91-7650015810

Mr. Piyush Pandit