Estimating the Economic Benefits of Investment in Monsoon Mission and High-Performance Computing Facilities Report

 The Union Minister Dr Harsh Vardhan recently released the report

• The Union Minister Dr Harsh Vardhan recently released the report
• It is prepared by National Council of Applied Economic Research (NCAER).
• The report was titled “Estimating the Economic Benefits of Investment in Monsoon Mission and High-Performance Computing Facilities”.
• According to the report, 1000 crores of investment in High Performance computing facilities in India will bring in 50,000 crores of benefits.
• This is to mainly get reflected in livelihood of 1.07 crores of people Below Poverty Line and 53 lakhs Below Poverty Line fisher folk households.
• The report was prepared by NCAER based on face-to-face survey. Around 6,098 respondents were surveyed.
• This included 757 marine fishermen and 1,376 livestock owners.
• Also, responses were collected from two lakh farmers through Interactive Voice Response System.
• The IVRS allows computers to interact with humans via keyboard and use of voice input.
• India is divided into 15 major agro-climatic zones. Of these 15, ten experience all monsoon events and were covered by the NCAER study.
• Agro-climatic zone is a geographical area with similar rainfall, soil type, and temperature and water availability.
• Majority of the interviewed farmers affirmed to be positively impacted by the weather advisories.
• According to the farmers, the ocean state-based forecasts have improved their livelihood by reducing their operational cost.
• The NCAER also assessed the economic benefits of agriculture related women folks in the country.
• The weather predictions have helped women with the benefits of 13,000 crore rupees. This is 26% of the total benefit provided by the National Monsoon Mission.