Wednesday, 19 August 2020

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19 August 2020 Current Affairs:Union Minister of Law & Justice, Communications and Electronics & Information Technology Ravi Shankar Prasad launched “Swadeshi Microprocessor Challenge- Innovate Solution for #Aatmanirbhar Bharat” on 18 August 2020. The aim is to provide further impetus to the strong ecosystem of Start-up, innovation, and research in the country. Under the aegis of Microprocessor Development Programme of Ministry of Electronics and IT, IIT Madras and Center for Development of Advance Computing (CDAC) have developed two microprocessors named SHAKTI (32 bit) and VEGA (64 bit) respectively using Open Source Architecture. 

Highlights:
♦ Swadeshi Microprocessor Challenge – Innovate Solutions for #Aatmanirbhar Bharat aims to invite startups, innovators, and students to use these microprocessors. 
♦ The aim is to develop various technology products. Swadeshi Microprocessor Challenge is part of the measures taken by the Ministry of Electronics and IT to spur the technology-led innovation ecosystem in the country. 
♦ The challenge is open to the students at all levels and startups, the Challenge demands contestants to tinker with these Swadeshi Processor IPs and facilitate them with innovating the frugal solutions for societal needs.
♦ The challenge also aims to make available the entire home-grown ecosystem around Swadeshi Processors to develop the complex designs for catering to both global and domestic requirements in the near future. 
♦ The participants can register at innovate.mygov.in. It is open from 18th August 2020 and culminates in June 2021.  
♦ It provides an opportunity for 100 Semi-finalists to win a total Rs.1 Crore of Award, 25 Finalists to win total Rs.1 Crore of Award. Also, the top 10 teams entering the finale, will get the seed fund of total Rs.2.30 crore and 12 months incubation support. 
♦ All participants will be given an opportunity to translate their innovations around Swadeshi Processors and showcase them at a higher viewership platform. It will also facilitate them to scale from ideation to the marketplace, thereby standing a chance to contribute to the overall mission of #AtmaNirbharta of Government.



source https://naukri.sarkari-exam.in/ravi-shankar-prasad-launched-swadeshi-microprocessor-challenge-to-boost-start-up/
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