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Millet International Initiative For Research And Awareness

Millet International Initiative For Research And Awareness:

The Government of India is to launch Millet International Initiative for Research and Awareness.

  • It is in line with the United Nations’ plans for the International Year of Millets, which is 2023.
  • India brings in the concept of “SEED MONEY” in the initiative.
  • Seed money, sometimes known as seed funding or seed capital, is a form of securities offering in which an investor invests capital in a startup company in exchange for an equity stake or convertible note stake in the company.
  • Research activities on millet, and increasing their productivity will be focused on the initiative.
  • Indian Institute of Millet Research located in Hyderabad will provide technical support to the initiative.
  • Objectives of MIIRA:
    • To coordinate the millet research programme
    • To involve different countries and increase the skill set of the research activities
    • To increase millet consumption in the world
    • To increase investment in millet research