Finance Minister Nirmala Sitharaman is going to present the general budget 2021-22 today. The technology sector is very hopeful about this year’s budget. Let us say that Prime Minister Modi and Finance Minister Nirmala Sitharaman have a lot of emphasis on technology, a glimpse of which was seen in the general budget for the financial year 2020-21 last year when Nirmala Sitharaman mentioned quantum technology. The Finance Minister of this technology announced an expenditure of Rs. 8,000 crores. It is expected that Finance Minister Nirmala Sitharaman can also make a big announcement on the technology sector this year.
What is Quantum Technology
In the world of technology, quantum technology is termed as a niche technology from artificial intelligence. India wants to be at the forefront of this technology. Quantum technology is faster than supercomputers. The mathematical calculations that the supercomputer takes thousands of years to complete can be calculated in a few minutes with the help of quantum technology. Sitharaman says that if we succeed in computing technology related to quantum technology, India will probably be the third-largest country to do so.
How Quantum Technology Works
Data and information can be processed fairly rapidly in quantum technology. With the help of the discovery of new medicines, there can be a new revolution in the field of management, railways, education, and transport of the districts. According to Google’s research paper, the technology of quantum technology-based new processors works with the help of quantum bits or qubits, which register data values in the value of zero and forest-like modern computing language. Tech companies like Google, Microsoft, IBM, and Intel are working on this technology.
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Elora is PR and Outreach Manager at Crunchoid Inc. Outside of work, Elora enjoys Flywheel, tacos, the tennis, and adventuring around the globe.