Current Affairs

GK MCQs Section
Q. Which institution will be provided a grant of Rs 242 Crore to undertake research on Lab Grown Diamonds?
Answer: IIT Madras
Notes: As per a recommendation made by the Department of Commerce, IIT Madras will be provided a grant of Rs 242 Crore over a period of five years to undertake research on Lab Grown Diamonds (LGD). In the Union Budget 2023, Union Finance Minister said that Lab grown Diamonds (LGD) is a technology and innovation-driven emerging sector with high employment potential.
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