Replace README.txt to Readme.md file and update formatting in this file

Created on 7 January 2023, almost 2 years ago
Updated 24 January 2023, almost 2 years ago

Problem/Motivation

We could be using README.md instead of README.txt to make use of the nicer rendering via markdown.

Now that we've moved to GitLab, we should probably use Markdown instead of plain .txt files for our documentation.

And also follow the pattern in the README.md template .

📌 Task
Status

Fixed

Version

2.0

Component

Documentation

Created by

🇮🇳India Charchil Khandelwal

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