<h1>India Boosts Space Tech Budget for 2019-20, Supporting Gaganyaan Mission and Global Satellite Launch Goals.</h1> The Union Minister for Finance announced an increased budget allocation for space technology in the Interim Budget 2019-20, emphasizing India's commitment to space exploration and technology. The budget for space technology rose from 6,993 crore in 2018-19 to 7,483 crore in 2019-20. The space applications budget increased from 1,595 crore to 1,885 crore, while the INSAT Satellite Systems allocation decreased from 1,330 crore to 884 crore. This funding supports India's ambitions, including the Gaganyaan mission and positioning India as a global satellite launch hub, with plans to send an Indian astronaut into space by 2022.