Consider the following statements Atal Tinkering Lab is the flagship initiative of Government of Ind...........

Jammu and kashmir Polity and Governance

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Consider the following statements:

Atal Tinkering Lab is the flagship initiative of Government of India to cultivate an innovative mindset amongst high school students across the country.
The scheme offers grant-in-aid of up to Rs. 20 lakh to selected schools to set up Atal Tinkering Labs.

Which of the above statements is/are correct?

1 only

2 only

Both

None

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Explanation:

The NITI Aayog has recently announced its decision to establish 1,000 Atal Tinkering Laboratories in Jammu and Kashmir.

In the initial phase of the project, 187 Atal Tinkering Laboratories will be established by the end of this financial year.

The decision was conveyed at a high-level meeting headed by Chief Secretary to take stock of arrangements for opening Atal Tinkering Laboratories (ATL) in various educational institutions of Jammu and Kashmir.

Atal Tinkering Lab is the flagship initiative of Government of India to cultivate an innovative mindset amongst high school students across the country.

The scheme offers grant-in-aid of up to Rs. 20 lakh to selected schools to set up ATL.

The grant has to be used by the institution for a specific purpose within a maximum of five years.

A sum of Rs. 10 lakh is used for the capital expense and the remaining Rs. 10 lakh has to be used for operational and maintenance expenses.