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        Budget

        Higher budget allocation for Space technology

        February 1, 2019

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        Department of Space

        Posted On: 01 FEB 2019 1:47PM by PIB Delhi

        While presenting the Interim Budget 2019-20 in Parliament today, the Union Minister for Finance, Corporate Affairs, Railways & Coal, Shri Piyush Goyal said that seventh dimension of our vision for the next decade aims at the Outer Skies. Our space programme – Gaganyaan, India becoming the launch-pad of satellites for the World and placing an Indian astronaut into space by 2022 reflect this dimension of our vision, the Minister said.

        Given below is the budget allocation for some major schemes of Department of Space:

        (Rs in crore)

        Scheme

        2017-18 Actuals

        2018-19 BE

        2018-19 RE

        2019-20 BE

        Space Technology

        5,948

        6,576

        6,993

        7,483

        Space Applications

        1,540

        1,746

        1,595

        1,885

        INSAT Satellite Systems

        565

        412

        1,330

        884

         

        ******

        BB/NK/PK

        Space budget increase signals priority for national space programme, supporting crewed mission development and commercial launch capacity. The interim budget prioritises national space activities by linking programme objectives-crewed mission development, positioning India as a launch service provider, and sustaining satellite initiatives-to increased allocations across principal scheme heads, with rising envelopes for Space Technology and Space Applications and a reprofiled allocation for INSAT Satellite Systems.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Space budget increase signals priority for national space programme, supporting crewed mission development and commercial launch capacity.

                                The interim budget prioritises national space activities by linking programme objectives-crewed mission development, positioning India as a launch service provider, and sustaining satellite initiatives-to increased allocations across principal scheme heads, with rising envelopes for Space Technology and Space Applications and a reprofiled allocation for INSAT Satellite Systems.


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