NMM and HPC facilities result in a 50-fold increase in its economic benefits: NCAER Report
Part of: GS Prelims and GS-III – Science and technology
In news
National Council of Applied Economic Research (NCAER) Report on “Estimating the economic benefits of Investment in Monsoon Mission and High Performance Computing (HPC) Facilities” was recently released.
Released by: Ministry of Science and Technology
With an initial investment of Rs. 1,000 Crores, NMM and HPC facilities result in a 50-fold increase in its economic benefits.
Key takeawaysof the report
A total of Rs. 1000 crores has been invested in setting up National Monsoon Mission(NMM) and High performance Computing (HPC) facilities by Government of India.
76% of the livestock owners are using weather information for taking decisions on modification of shelter; vaccination against seasonal disease; and fodder management.
82% of fishermen reported using Ocean State Forecast (OSF) advisories every time before venturing into sea.
Important value additions
National Monsoon Mission
Launched by: Ministry of Earth Sciences in 2012.
Aim: To improve the forecasting skills by setting up a state-of-the-art dynamic prediction system for monsoon rainfall different time scales.
NMM builds a working partnership between the academic and research and development (R&D) organisations, both national and international.
Its augmentation with High Performance Computing facilities has helped the country in achieving a paradigm shift in weather and climate modelling for operational weather forecasts.