<h1>India's 2021 Budget Boosts Research, Digital Payments, Space Missions, and Ocean Exploration with Major Funding Initiatives.</h1> The Union Budget for FY 2021-22 announced several initiatives to enhance India's research and innovation sectors. A National Research Foundation will receive Rs. 50,000 crore over five years to bolster the research ecosystem. To promote digital payments, Rs. 1,500 crore is allocated for incentivizing digital transactions. The National Language Translation Mission aims to digitize governance-related knowledge in Indian languages. In the space sector, New Space India Limited will launch the PSLV-CS51 with the Brazilian Amazonia satellite, and the Gaganyaan Mission is set for December 2021. Additionally, a Deep Ocean Mission with a Rs. 4,000 crore budget will focus on ocean exploration and biodiversity conservation.