“There are 200 existing incubation centres. We will select 10 and to each incubator we will produce Rs 20 crore,” Kant said at Start-up India states conference. New Delhi: The government will identify 10 incubators out of existing 200 such centres and invest Rs.200 crore on scaling up their capacity, Niti Aayog chief executive officer (CEO) Amitabh Kant on Saturday said. “We are going to set up 100 new incubation centres this year. He said the government will invest Rs.20 lakh to support existing tinkering labs.

Source: Mint July 23, 2016 15:11 UTC