The Ministry of Education, Ministry of Women and Child Development (MWCD), Ministry of Textile, Ministry of Commerce and Industries, Ministry of MSME, Ministry of I&B and All India Council for Technical Education (AICTE) have jointly launched Toycathon-2021.
It is an endeavour by the government to create an ecosystem for the domestic Toy industry and the local manufacturers, tapping the untapped resources and utilizing their potential.
India imports 80 per cent of toys and the government is working towards promoting the indigenous toy industry for making the country self-reliant in this sector.
This Toycathon is aimed to conceptualize innovative toys based on the Indian value system which will inculcate the positive behaviour and good value among the children. Hence, statement 1 is correct.
This is a special kind of hackathon where students and teachers from schools and colleges, design experts, toy experts and startups will get together to crowdsource ideas for developing toys and games that are based on Indian culture and ethos, local folklore and heroes, and Indian value systems.
It is informed that students and faculty members participating in Toycathon can get prizes up to 50 lakhs.
The Toycathon will have 3 variants of tracks- Junior Level, Senior Level and Startup Level. Hence, statement 2 is not correct.
Participants will have two options for idea submission; they can either submit ideas for the published problem statements or under novel toy concepts category.
The Toycathon is based on nine themes-
Indian Culture, History, Knowledge of India and Ethos