The Technology Innovation Ministerial Meeting, held at Brasilia this week, also proposed establishment of a BRICS Technology Foresight for Climate System to address scientific and innovative solutions for climate change and natural disaster management while identifying viable R&D initiatives for the future.
The YSFI will help in creating a forum for young and talented scientists in their research.
Harsh Vardhan, Minister for Science and Technology, who is leading the Indian delegation told the meeting of Science and Technology Ministers of Brazil, Russia, China and South Africa (BRICS) that the new dispensation is committed to strengthening of cooperation within BRICS in this key sphere of STI which directly impacts the welfare and progress of all our people.
Earlier he apprised delegates attending the meeting about various measures being taken by the Indian government for development of skills among its large youth population. He informed them about various steps for the promotion of innovation through allocations made in the this year's annual budget for the Atal Innovation Mission (AIM).
"AIM will be an innovation promotion platform involving academics, entrepreneurs, and researchers and draw upon national and international experiences to foster a culture of innovation, R&D and scientific research in India.