Why in news? The 2023 SASTRA Ramanujan Prize will be awarded to Ruixiang Zhang of the University of California, Berkeley

Highlights:

• Founder of award – Shanmugha Arts, Science, Technology & Research Academy (SASTRA) located near Kumbakonam
• Frequency – Annually
• Significance  – To recognize the outstanding contribution to the field of mathematics in the honour of mathematician Srinivasan Ramanujan
• Features – The age limit for the prize has been set at 32 (the age at which Ramanujan died)
• Current award is $10,000.