ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • Survey
  • videos
  • photos
  • ZNAA'22
  • Trending News
    • Viral News
    • Travel
    • People
    • Entertainment
    • Sports
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • Whopping 1 lakh jobs on the cards in aviation and aeronautical manufacturing sector by 2024, says Minister
  • Money Guru: 10 funds for financial independence, this 15th August - details
  • India's forex reserves jump 60x since 1990s, surge 335 times since Independence | Check this data
  • India@100: Anil Singhvi predicts Nifty will reach 1,75,000 in next 25 years - Here's why
Read in App
Business News » Small Business News

BIG Opportunity! To tackle Covid-19, govt launches initiative for Start-ups to innovate, develop, scale-up products and technologies

A new initiative NIDHI4COVID2.0 has been launched for offering promising solutions in the thrust areas such as oxygen innovation, portable solution, relevant medical accessories, diagnostic, informatics, or any other solution that addresses/mitigate various challenges faced by country/society due to the severe impact of COVID-19.  

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
BIG Opportunity! To tackle Covid-19, govt launches initiative for Start-ups to innovate, develop, scale-up products and technologies
Representational Image. Source: PTI

COVID-19 Latest News in India: The entire country is reeling under the effects of the second wave of the COVID-19 pandemic. According to the Union Ministry of Health and Family Welfare, India recorded 259,591 new COVID-19 cases and 4,209 deaths in the last 24 hours. Amid this situation, everyone in the country is possibly engaged in one thought - how can this second wave of the COVID-19 pandemic be tackled?

See Zee Business Live TV Streaming Below:

A new initiative NIDHI4COVID2.0 has been launched for offering promising solutions in the thrust areas such as oxygen innovation, portable solution, relevant medical accessories, diagnostic, informatics, or any other solution that addresses/mitigate various challenges faced by country/society due to the severe impact of COVID-19.

As per a press release from The Ministry of Science and Technology, under this initiative, Indian start-ups and companies have been invited to apply for developing new technologies and innovative products that can enable the country to combat the COVID-19 crisis.

This initiative is a special drive of the National Science and Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology (DST), Government of India for supporting indigenous solutions and innovative products for fighting the crisis of the ongoing COVID-19 pandemic.

Currently, parts of devices like oxygen concentrators are being imported. However, because of this initiative, promising start-ups will be provided with financial and mentoring support for scaling up their products and technologies to the next level and speeding up their processes. This will help them to reach the product development stage as fast as possible.

Prof Ashutosh Sharma, Secretary, DST, said, "Supporting development of devices like Oxygen Concentrators also brings with it huge opportunities in the development and manufacturing of several critical components that are being imported such as specialized valves, zeolite materials, oil-less and noiseless miniaturized compressors, gas sensors, etc. which have wider applications in several sectors."

In the current situation, it is expected that start-ups can play a major role in bringing new technologies and products in the market by means of which it will be easier to tackle this ongoing second wave of the COVID-19 pandemic in the country.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
COVID-19Small BusinessStart ups
Written By: ZeeBiz WebTeam
Edited By: Shivendra Kumar
Updated: Fri, May 21, 2021
01:41 pm
New Delhi , ZeeBiz WebDesk
RELATED NEWS
Covid-19 vaccination drive: India becomes first country to achieve milestone of completing 200-crore mark doses Covid-19 vaccination drive: India becomes first country to achieve milestone of completing 200-crore mark doses
Covid-19 Report: Active Covid cases rise to 1,07,189 in-country Covid-19 Report: Active Covid cases rise to 1,07,189 in-country
Active Covid caseload in India crosses 1L-mark after 4 months Active Covid caseload in India crosses 1L-mark after 4 months
Covid-19 cases today: India records 14,506 news covid cases, 30 deaths in last 24-hour, as per Union Health Ministry Covid-19 cases today: India records 14,506 news covid cases, 30 deaths in last 24-hour, as per Union Health Ministry
India reports 17,336 new COVID-19 cases, highest daily rise in 4 months India reports 17,336 new COVID-19 cases, highest daily rise in 4 months

LATEST NEWS

Whopping 1 lakh jobs on the cards in aviation and aeronautical manufacturing sector by 2024, says Minister

Samsung Galaxy Unpacked Event today - What to expect, Live streaming details, when and where to watch Samsung event

Nitish Kumar snaps ties with BJP again, resigns as Chief Minister of Bihar

2022 Hyundai Tucson India launch today: When and where to watch live event

Har Ghar Tiranga campaign: India Post delivering National Flag for FREE; Steps to buy Tricolour online at ePostoffice portal

Raksha Bandhan 2022: Gift your sister stocks from capital market for bumper returns - Full list

CA Foundation Result 2022: ICAI CA result June announced at icai.nic.in; Steps to download scorecard, percentage

Stocks to buy today: Coal India, Tata Chemicals and Strides Pharma among 20 stocks for profitable trade on August 10

Rudi Koertzen killed in car crash: Remembering one of the most respected umpires in cricket

Apple iPhone 14 launch on September 6? Check expected release date, price, specifications, and more

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV