24 Feb 2022 Ayush Start-up Challenge
Ayush Start-up Challenge – Today Current Affairs
- Recently All India Institute of Ayurveda- AIIA has launched ‘Ayush Start-up Challenge’ in association with Start-up India.
- AYUSH Traditional and non-traditional systems of health care and treatment including Ayurveda (Ayurveda), Yoga (Yoga), Naturopathy, Unani, Siddha (Siddha), Sowa-Rigpa (Sowa-Rigpa) and Homeopathy (Homoeopathy) etc are included.
Today Current Affairs
About Ayush Start-up Challenge: The Hindu Analysis
- It was launched to encourage start-ups and individuals working on innovations in the field of Ayurveda and alternative medicine.
- The winners of the AYUSH Start-up Challenge will receive a cash prize and incubation support from AIIA.
- The winner will be given a cash prize of Rs 1 lakh and the runner-up Rs 50,000.
Categories: The Hindu Analysis
3 Entry Categories for Participating Start-ups:
- AYUSH Food Innovation
- AYUSH Bio-Instrumentation (Hardware Solution)
- AYUSH IT Solutions (Software Solutions)
- There will be two winners in each of the 3 categories.
Status of AYUSH Market: The Hindu Analysis
- The market for AYUSH sector has grown by 17% to reach US$ 18.1 billion in 2014-20.
- In global share, India has gained the fastest growth in the AYUSH market as compared to the world and has a market share of around 2.8 per cent and is likely to remain so. Today Current Affairs.
- The AYUSH market is currently estimated to be around US$ 10 billion and is expected to grow by 50% during the next five years.
Other schemes related to AYUSH: The Hindu Analysis
- National AYUSH Mission
- New portal related to AYUSH sector
- AYUSH Entrepreneurship Program
- Ayush Wellness Center
- ACCR Portal and Ayush Sanjeevani App
Here we mention all information about Ayush Start-up Challenge Today Current Affairs.
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