UK Launches Innovation Challenge Fund In India

News: The UK government has launched a £3 million innovation challenge fund in India.

Facts:

  • Innovation Challenge Fund: The fund aims to support scientists in academia and industry to tackle the most acute global challenges like Covid-19 and the threat to the environment.
  • The fund will help to build on the UK-India Tech partnership which was launched in 2018 by the Indian and British Prime Ministers.

Additional Facts:

  • Project Nirman Shree: It was launched by the European Union in four districts of Odisha and Maharashtra with the aim of empowering women by providing skills in the Housing Sector.
    • The project is being implemented by the Habitat for Humanity India, a housing-focussed not-for-profit organization.
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