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    Bihar Govt Transfers 2 IAS Officers; Naval Kishore Chaudhary Appointed Bihar State Health Society ED

    Bihar Govt Transfers 2 IAS Officers; Naval Kishore Chaudhary Appointed Bihar State Health Society ED

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Blockchain for Impact Launches Rs 20 Cr National Science Prizes to Boost Research and Innovation in Healthcare

By: Editorial Desk

by Editorial Desk
July 31, 2025
in Healthcare & Life sciences, HealthTech
Reading Time: 2 mins read
Blockchain for Impact Launches Rs 20 Cr National Science Prizes to Boost Indian Research and Innovation

Blockchain for Impact Launches Rs 20 Cr National Science Prizes to Boost Indian Research and Innovation

Summarize with:

New Delhi: In a move to strengthen India’s scientific research ecosystem, Blockchain for Impact (BFI), a catalyst funder and non-profit, has launched the National Science Prizes with a total allocation of Rs 20 crore. 

The initiative aims to reward scientific excellence, promote innovation, and support breakthrough work across biomedical science and public health.

Sandeep Nailwal, founder of BFI, emphasized that the awards aim to empower researchers working on solutions that address India’s pressing healthcare challenges.

The prizes span multiple categories:

  • Lifetime Achievement Award: Rs 25 lakh each to Padma Shri Dr. Balram Bhargava and Dr. Vijay Chandru for their outstanding contributions to science and healthcare in India. 
  • Sandeep Nailwal India First Award: Rs 2.5 crore each to three global scientists or innovators of Indian origin relocating to India to scale biomedical or public health solutions. 
  • Sandeep Nailwal Award for Global Excellence: Rs 5 crore each to two individuals whose work has globally advanced biomedical research and public health. 
  • Sandeep Nailwal Award for Young Indian Scientist: Rs 50 lakh each to two innovators under 40 who have built transformative health or science-based solutions.

The awards were announced at Vimarsh, a premier science conclave hosted by BFI. The initiative is part of a broader mission to position India as a global hub for scientific research, innovation, and talent.

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