1: Introduction and details about 'Samavesha'

- 'Samavesha' is a newly launched project under the Indian Science, Technology, and Engineering facilities Map (I-STEM) at IISc., Bengaluru.

- The initiative has been led by the Office of the Principal Scientific Advisor under the Government of India.

- 'Samavesha' aims to enhance research collaboration by facilitating easy access to scientific establishments and labs for researchers and industries.

2: Launch Event and Future Plans

- The project was launched at the Indian Institute of Science (IISc), Bengaluru.

- There are plans to host around 50 'Samavesha' events across the nation by 2024 to promote and expand this initiative.

3: Online Portal and I-STEM's Vision

- I-STEM's online portal connects researchers and industries with scientific institutions and gives access to advanced scientific equipment through rental.

- This is a step towards achieving I-STEM's vision to connect a million innovative researchers to a network of 10,000 advanced labs in India by 2024, creating a collaborative environment involving startups, industries, and academia.

4: Economic Benefits and Resource Optimization

- The initiative helps prevent duplication of research resources, thereby optimizing resource utilisation and saving capital expenditure that might be employed in other crucial areas.

5: Significance of 'Samavesha'

- The project aims to create a seamless connection, shared resources, and stimulate nationwide research, building a stronger and more collaborative research ecosystem in the country.

6: Objectives and Future Impact

- The primary goal of 'Samavesha' is to provide access to advanced research infrastructure for researchers, startups, and industries.

- It encourages innovation by providing unparalleled access to state-of-the-art facilities, which will result in increased research and product innovation.

7: Anticipated Impact of 'Samavesha'

- The program is expected to boost indigenous product innovation and foster a thriving knowledge exchange ecosystem.

- With 'Samavesha', India aims to position itself as a hub for groundbreaking discoveries and homegrown advancements, elevating the nation's standing in global research circles.

This initiative is an important milestone in the science and technology sector of India and a key fact that should be noted for current affairs and GK portion of government exams.