✦ The Union Cabinet, approved the National Quantum Mission (NQM) at a total cost of Rs.6003.65 crore for a period of eight years from 2023-24 to 2030-31.

✦ It aims to seed, nurture and scale up scientific and industrial R&D and create a vibrant & innovative ecosystem in Quantum Technology.

✦ So far, Four Thematic Hubs have been established under NQM, each dedicated to a specific technology vertical:

  1. Quantum Computing at IISc. Bengaluru
  2. Quantum Communication at IIT Madras in association with C-DOT, New Delhi
  3. Quantum Sensing & Metrology at IIT Bombay
  4. Quantum Materials & Devices at IIT Delhi

✦ The new mission targets developing intermediate scale quantum computers with 50-1000 physical qubits in 8 years in various platforms like superconducting and photonic technology.

✦ The mission will help develop magnetometers with high sensitivity in atomic systems and Atomic Clocks for precision timing, communications and navigation.

Source: PIB