Why is it in the news ?
NITI Aayog, UNDP India Jointly Launched Youth Co:Lab to accelerate youth-led social entrepreneurship and innovation in India.
What is it all about ?
- It is an innovative platform for young people to explore their ideas and potentials, and bring to scale viable solutions, to accelerate India’s progress on the SDGs.
- The first phase of Youth Co:Lab will focus on six SDGs: SDG 5 (Gender Equality), SDG 6 (Clean Water and Sanitation), SDG 7 (Affordable and Clean Energy), SDG 8 (Decent Work and Economic Growth), SDG 12 (Sustainable Consumption and Production) and SDG 13 (Climate Action).
Initiatives of NITI Aayog
Co-created in 2017 by UNDP and the Citi Foundation, and operational in 25 countries across the Asia Pacific region, the Youth Co:Lab initiative aims to create an enabling ecosystem to promote youth leadership, innovation, and social entrepreneurship.
Atal Innovation Mission (AIM)
AIM including Self-Employment and Talent Utilisation (SETU) is the Government of India’s endeavour to promote a culture of innovation and entrepreneurship.
- Its objective is to serve as a platform for the promotion of world-class innovation hubs, grand challenges, start-up businesses and other self-employment activities, particularly in technology driven areas.