Science & Technology
Cabinet approves National Quantum Mission extension
Summary
The Union Cabinet approved an extension of the National Quantum Mission with an enhanced outlay of ₹6,003 crore to develop quantum computers with 50-1000 physical qubits by 2031.
Key TakeawayIndia aims to become one of the top 6 nations in quantum technology by 2031.
Key Points
- Outlay: ₹6,003 crore for quantum mission.
- Target: 50-1000 qubit quantum computers by 2031.
- India among top 6 nations in quantum tech globally.
- Focus on cryptography, drug discovery, and finance.
Key Facts
- Outlay
- ₹6,003 Cr
- Target Year
- 2031
- Qubits Target
- 50-1000
- Ministry
- DST
Why it matters?
Quantum computing will revolutionize cryptography, medical research, and financial modelling in India.