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Science & Technology

SAMUDRAYAAN MISSION: SIGNIFICANCE, CHALLENGES, WAY FORWARD

Samudrayaan Mission, part of India's Deep Ocean Mission, aim to send three individuals to 6,000 meters in a submersible developed by NIOT, Chennai. The mission's objectives are to explore and sustainably utilize deep-sea resources like polymetallic nodules, gas hydrates, and cobalt crusts, boosting 'Blue Economy' and enhancing technological capabilities.

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AI IN BANKING SECTOR: SIGNIFICANCE, CHALLENGES, WAY FORWARD

Artificial Intelligence is revolutionizing the Banking Sector by improving efficiency, security, and customer experience. However, challenges like high implementation costs, data privacy concerns, and skilled workforce shortages persist. The RBI emphasizes a balanced approach, including a robust regulatory framework and financial inclusion, to ensure successful AI adoption in banking.

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INDIA’S PATENT LANDSCAPE: STATUS, CHALLENGES AND WAY FORWARD

India's patent system has evolved from promoting generic drugs to encouraging domestic innovation, with resident filings now surpassing foreign ones. To transition from "Make in India" to a global innovation powerhouse, India must overcome challenges like backlogs and low R&D investment by boosting funding and streamlining processes.

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