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Swachhata Start-Up challenge was launched to increase innovation in waste management. It was launched by the Agence Francaise de Developpment, AFD and the Department of Promotion of Industry and Internal Trade, DPIIT. The AFD is a French public financial institution. It implements the policies of the French Government. The top ten winner of the challenge will receive prize money of 25 lakh rupees. The challenge is to be conducted under the supervision of Ministry of Housing and Urban Affairs.
About the challenge
The challenge is a step towards smart governance under the Swachh Bharat Mission – Urban 2.0. It aims to incentivise the startups to realise the dream of garbage free cities. The SBM – Urban 2.0 aims to achieve Garbage Free Cities in next five years.
The challenge has come up during the time, when France and European Union are working with India to negotiate global treaty on plastic pollution. The treaty aims to make a shift towards circular economy.
Need for the challenge
The startups are evolving rapidly. India is leading the startup world with more than 70 unicorns. Unicorns are startups whose value is more than one billion USD. The startups hold huge potential in the waste management sector of India. The challenge will capitalise the startups in the field of waste management. It will create opportunities for young innovators.
By: Brijesh Kumar ProfileResourcesReport error
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