Rare earths are not just elements; they are foundational inputs that act like 'seeds of technology'. Elaborate.

Rare Earths - refer to a group of 17 elements that share similar chemical & physical properties. Scandium, Yttrium occur in low ore concentration with high radioactivity. REEs are foundational inputs which act like 'seeds of technology' because - critical inputs in space sector (EX use of Yttrium by NASA), drive developments in emerging technologies like AI/ML/DA (EX use of super conducting magnets made from Dysprosium/Neodymium for super-computers), to train AI-models on data, utility in Defence sector for ICBMs, automated weapon system, Sadars etc, life-saving device - superconductivity MRI, Pacemakers, development of environment-friendly consumption products/service - automated EVs, drones for delivery, further applications in Nanotechnology, Mag lev Trains.

Initiatives - Formation of ICABIL, Joint Agreements w/ Australia/Argentina, Joint venture w/ IPEL & Toyota. Thus, rare earth form the basis of the new technology-driven economy.