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 ?

  1. 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.
  2. 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

Youth Co:Lab

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. 

  1. 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.