Govt To Identify, Promote 75 Innovative Startups In Various Sectors Including AI, Telemedicine: Jitendra Singh

Union Minister of State (Independent Charge) Science and Technology; Minister of State (Independent Charge) Earth Sciences Jitendra Singh on Tuesday (2 November) announced that the government will identify and promote 75 innovative startups in the 75th year of India's independence.

Singh made the remarks while inaugurating advanced 650 teraflops supercomputing facility at National Agri-Food Biotechnology Institute (NABI) at Mohali.

He added that the new supercomputing facility will act as a facilitator for these startups working in areas like telemedicine, digital health, mHealth with BIG Data, AI, blockChain and other technologies, the Ministry of Science and Technology said in a statement.

Speaking about the supercomputing facility at NABI, Singh said that the facility has come up under the National Supercomputing Mission (NSM) in collaboration with C-DAC, Pune. The minister said that this high-end facility will be a boon for the analysis of BIG DATA accruing from the large-scale genomics, functional genomics, structural genomics and population studies being carried out at various Institutes and universities of national and international repute.

Established with an approximate cost of Rs 20 crore, the minister said, this 650 teraflops supercomputing facility will be a unique in catering to the needs of the interdisciplinary cutting-edge research being carried out at the Institute related to Agricultural and Nutritional Biotechnology.

He said it will also be available for the scientists of NABI and Centre of Innovative and Applied Bioprocessing (CIAB) and will be open to collaborative work for the scientists or faculties working in the neighboring institutes and universities and for the projects sanctioned under NSM.