5 Minutes Read

Cabinet gives approval for National Quantum Mission

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The Union Cabinet has given its approval for the National Quantum Mission on Wednesday. Union ministers Anurag Thakur and Jitendra Singh, in a cabinet briefing today said that Rs 6003.65 crore would be allocated for the mission. #Cabinet approves National Quantum Mission to accelerate Quantum Technology led economic growth and leverage #India into a leading …

The Union Cabinet has given its approval for the National Quantum Mission on Wednesday. Union ministers Anurag Thakur and Jitendra Singh, in a cabinet briefing today said that Rs 6003.65 crore would be allocated for the mission.

Research and development (R&D) will get a boost in quantum technology and tech companies such as TCS, HCL and Mphasis, among others, are already showing interest.

Last month, Union Health Minister Mansukh Mandaviya said India has taken a “quantum leap” towards leveraging digital health solutions for effective health service delivery in his keynote address at the Global Conference on Digital Health in Delhi.

“The Government of India believes that digital tools have immense potential and can play a critical role in strengthening and transforming healthcare delivery system,” Mandaviya had said.

The mission, which was announced three years ago, will expand India’s capabilities in the growing world of quantum computers. The Department of Science and Technology will be leading the National Mission on Quantum Technologies and Applications.

It will look at expertise building in the quantum frontiers that will be necessary for national security, and the development of quantum computers, communication, chemistry, new materials, sensors as well as quantum cryptography.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?