Govt To Launch Special Incentive Scheme, To Support 75 Start-ups In Areas Of Telemedicine, Digital Health And AI
- BySheetal Sidhu | August 27, 2021
The government will soon launch a special incentive scheme to support 75 start-ups in areas of telemedicine, digital health and artificial intelligence, Science and Technology Minister Jitendra Singh has said. The scheme will be launched by the Biotechnology Industry Research Assistance Council (BIRAC), a public sector enterprise under the Department of Biotechnology (DBT), he said. Singh said instructions to this effect have been conveyed to the members of BIRAC, which has as its chairperson Renu Swarup, who is also the DBT secretary.
“The government will soon launch a special incentive scheme to support 75 start-ups in areas of telemedicine, digital health and artificial intelligence to coincide with the ‘Azadi ka Amrit Mahotsav’ being celebrated from August 15 this year,” the minister said.
This will promote research and development in the health sector at a time when the world is dealing with the challenges posed by the COVID-19 pandemic, he said. Singh exhorted senior officers to make efforts to reduce turnaround time while supporting start-ups to retain the edge over the private sector. It has given funding support of over Rs 2,128 crore to more than 1,500 startups, enterprises, and SMEs, according to a statement.
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