Latest news with #NationalQuantumMission
Hans India
18 hours ago
- Business
- Hans India
Cabinet nod for Quantum Mission in Amaravati capital
Vijayawada: The state Cabinet, chaired by Chief Minister N Chandrababu Naidu on Wednesday, accorded approval to the establishment of state Quantum Mission to fuel the growth of the information technology sector in Amaravati greenfield capital. Announcing this at a press conference at the Secretariat after the Cabinet meeting, Information and Public Relations Minister K Parthasarathy said the Cabinet had given consent to the Quantum Mission proposed by the Department of IT, Electronics and Communications as part of India's National Quantum Mission (NQM). A Quantum Valley, which will be set up in the capital city, will promote research in Artificial Intelligence (AI) and cyber security in partnership with TCS, IIT-Madras and IBM to attract world class researchers. The minister said Naidu aims to make Amaravati number one in quantum computing and added that India is currently at the sixth position in this segment in the world while AP is on top within India. "In future, Andhra Pradesh will be on top in the world in quantum computing. From schools to universities, all of them will be involved in training," he said. Parthasarathy said the government formed a committee of experts on quantum computing and noted that 50 acres of land has been allocated in Amaravati for Quantum Valley development. Further, the minister said the Cabinet gave its nod for viability gap funding of Rs 57 crore and Rs 82 crore for drinking water projects at Uddhanam in Srikakulam district and Kuppam in Chittoor district respectively. The Cabinet also approved the promotion of 248 Andhra Pradesh Special Police (APSP) constables as head constables in the department. The Cabinet also approved the Home Department's proposals for the release of 17 life-term prisoners. For the establishment of Andhra Pradesh Police Academy, the Cabinet approved the free transfer of government land in Eluru district to the Home Department. Similarly, the Cabinet greenlighted the Health and Family Welfare Department's proposals to achieve a world record on International Yoga Day on June 21. Moreover, the Cabinet approved the Industries Department's proposal to set up one MSME park per assembly constituency, totalling 175 across the state as part of 'One Family, One Entrepreneur' programme, among others. Further, administrative approvals included the formalisation of the YSR district's name change to YSR Kadapa district. Earlier, the Cabinet extended congratulations to the Chief Minister Naidu for the successful implementation of several welfare schemes in the past year.
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Business Standard
a day ago
- Business
- Business Standard
Andhra Pradesh Cabinet approves establishment of state Quantum Mission
The Andhra Pradesh Cabinet on Wednesday approved the establishment of a state Quantum Mission, Minister K Parthasarathy announced. The decision was taken during a Cabinet meeting chaired by Chief Minister N Chandrababu Naidu. Addressing the media at the Secretariat, the Information and Public Relations Minister said the proposal was put forth by the Department of IT, Electronics and Communications and aims to align with India's broader National Quantum Mission (NQM). A Quantum Valley will be developed in the capital city of Amaravati, with 50 acres of land earmarked for the project. "In future, Andhra Pradesh will be on top in the world in quantum computing. From schools to universities, all of them will be involved in training," Parthasarathy said. The state government has formed a committee of experts on quantum computing to guide the mission. The initiative seeks to embed quantum-related training across education levels, from schools to higher education institutions. What is the National Quantum Mission? The National Quantum Mission is a central government initiative aimed at advancing quantum technology and applications in India. Approved at a total outlay of ₹6,003.65 crore, it runs from 2023–24 to 2030–31 and supports infrastructure, research, and human resource development. Key projects approved by Andhra Pradesh Cabinet • ₹57 crore for viability gap funding at Uddhanam in Srikakulam district • ₹82 crore for drinking water projects in Kuppam, Chittoor district Other Cabinet decisions • Promotion of 248 Andhra Pradesh Special Police (APSP) constables to head constables • Health and Family Welfare Department's proposal to achieve a world record on International Yoga Day on 21 June • Industries Department's plan to establish one MSME park in each assembly constituency
Mint
6 days ago
- Business
- Mint
India is sustaining growth as fastest growing economy for fourth year straight: FM Sitharaman
Finance minister Nirmala Sitharaman on Friday said India is sustaining its growth and has maintained its position as the world's fastest-growing economy for the fourth straight year. Speaking at an event at the Indian Institute of Management, Lucknow, Sitharaman said India is no longer just a middle-class market where goods can be dumped, but a market that fosters innovation. The statement came hours after India recorded a GDP growth rate of 7.4% for Q4 FY25 and an overall GDP growth rate of 6.5% for FY25. The finance minister said all sectors of the economy—services, manufacturing, and agriculture—had contributed immensely to India's growth in FY25. "India's industry as well as manufacturing activity have all been so good during quarter four (Q4), and quarter four's growth alone was 7.4%," said Sitharaman. According to the data released by the National Statistics Office (NSO), the economy expanded 6.5% in FY25 against a 9.2% growth in FY24. According to official data, the economy grew 9.7% and 7.6%, respectively, in FY22 and FY23. "India is sustaining this growth as the fastest growing economy, now for the fourth year continuously without a break, thanks to the work of our small, medium, and large industries," said the finance minister. These industries are ensuring that India's manufacturing and services capacities are intact, she said. She said that while India's economic output recorded high growth rates after the covid pandemic, it continued to sustain this momentum in FY25, the fourth straight year that India was the fastest-growing economy in the world. India's adoption of digital public infrastructure has positioned it as a benchmark across the globe, said Sitharaman. Many world leaders have lauded the adoption of Indian technology across its population, she said. She added that the government was continuously working to reduce regulatory hurdles for businesses. She added that getting rid of corruption is integral to becoming a developed nation, as corruption affects everyone. The FM also called for further investments in science and technology. She said the government had taken significant efforts to invest in futuristic sciences, such as kickstarting the National Quantum Mission (NQM), while simultaneously providing social welfare to citizens. The NQM, launched in the FY21 budget, aimed to promote quantum technology and strengthen India's position in new sciences. Sitharaman also said research in sectors such as oceanography, space, rare earth minerals, and weather forecasting would propel India's growth. "Science and technology-led investments have always been a priority of this country," she said.
India.com
28-05-2025
- Business
- India.com
Mass firing in this company as 8000 employees sacked due to...,not Narayana Murthy's Infosys, Ratan Tata's TCS, Wipro, name is...
Narayana Murthy, Late Ratan Tata and Azim Premji- File image (Left to right) IBM layoff update: In a significant news update for employees of the IT sector, famous tech company IBM has reportedly laid off about 8,000 employees. In the recent development, the global IT giant has fired employees most of whom were associated with the HR section. Here are all the developments you need to know about the recent layoff at IBM. It is widely known that IBM CEO Indian-origin Arvind Krishna is very supportive of company's increasing reliance on automation and the recent layoff could be in line with the objective of the company, a report carried by Business Today said. Also, readers should note that IMB's move aimed at reducing the HR workforce is not new and rarlier this month, IBM had replaced about 200 HR positions relating to answering frequently asked questions with with Artificial Intelligence, in a step to reduce paperwork and managing HR data. India, IBM to explore potential collaborations in quantum, AI In another significant development on IBM, the Indian government and IBM are exploring opportunities to collaborate on quantum computing, artificial intelligence (AI), and geospatial AI solutions, the Ministry of Science and Technology announced as per a report by news agency IANS. IBM's Global Head, Arvind Krishna, met Union Minister Dr Jitendra Singh to discuss how the two sides can work together in these advanced technology fields. The meeting took place as India pushes forward with its National Quantum Mission, an initiative aimed at making the country a global leader in quantum technology. Both sides recognised India's rapid transformation under Prime Minister Narendra Modi, which has placed the country at the forefront of AI and next-generation innovations. (With inputs from agencies)
India Gazette
28-05-2025
- Science
- India Gazette
DRDO inaugurates Quantum Technology Research Centre at Metcalfe House
New Delhi [India], May 28 (ANI): The Defence Research and Development Organisation (DRDO) inaugurated the Quantum Technology Research Centre (QTRC) at Metcalfe House, Delhi, on Tuesday. The facility was inaugurated by the Secretary, Department of Defence R&D and Chairman, DRDO, Dr Samir V Kamat, to further strengthen Indigenous quantum capabilities for strategic and defence applications. QRTC is equipped with state-of-the-art experimental setups designed to propel research and development in critical quantum domains. The key capabilities of this centre include Characterisation of Vertical-Cavity Surface-Emitting Lasers and Distributed Feedback Lasers; Test-beds for evaluating single-photon sources; Set-up for characterisation of Micro-Fabricated Alkali Vapour Cell; and Experimental platforms for developing and validating Quantum Key Distribution techniques to enable ultra-secure communication and safeguard national security in the post-quantum era, spearheaded by Scientific Analysis Group (SAG), DRDO. Spearheaded by the Solid State Physics Laboratory (SSPL), QTRC also focuses on foundational technologies, including an ultra-small atomic clock based on Coherent Population Trapping for highly precise timekeeping in Global Navigation Satellite System-denied environments, an atomic magnetometer using optically pumped magnetometry for ultra-sensitive magnetic field detection, and Cutting-edge solid-state quantum devices and materials. DRDO continues to lead India's quantum initiatives across verticals such as quantum sensing, secure communications, and post-quantum cryptography. As a key stakeholder in the National Quantum Mission, DRDO is committed to fostering indigenous innovation and developing sovereign quantum technologies to secure India's strategic future. The inauguration ceremony was graced by Director General (Micro Electronic Devices, Computational Systems & Cyber Systems) Suma Varughese, whose vision and leadership were instrumental in conceptualising this cutting-edge facility. DG (Resource & Management), Dr Manu Korulla, and the Directors of SSPL and SAG, senior scientists, and other dignitaries attended the function. (ANI)
