Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    No Records Found
    ❯❯
    MaximizeMaximizeMaximize
    0 / 200
    Expand Note
    Add to Folder

    No Folders have been created

      +

      Are you sure you want to delete "My most important" ?

      NOTE:

      News
      Showing Results for :
      Reset Filters
      Results Found:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        whatsappJoin Channel
        Showing Results for : Reset Filters
        Case ID :

        Parliamentary panel voices concern over budget cuts for NASA-ISRO mission to ISS

        March 26, 2025

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        New Delhi, Mar 26 (PTI) A parliamentary panel has voiced concern over the substantial budgetary cut for the joint NASA-ISRO mission under which an Indian astronaut is scheduled to travel to the International Space Station.

        The Department of Space told the Parliamentary Standing Committee on Science and Technology, chaired by BJP member Bhubaneshwar Kalita, that the reduction in funds at the Revised Estimate (RE) stage for 2024-25 was due to the deferral of the mission to the next financial year.

        While the reduction was necessary due to scheduling constraints, the bilateral collaboration with NASA and Axiom Space remains intact, and necessary funds will be allocated at a later stage, it told the committee.

        The joint mission was announced during Prime Minister Narendra Modi's 2023 visit to the US when then-American president Joe Biden declared that an Indian astronaut would travel to the International Space Station (ISS).

        Two astronaut-designates -- Group Captain Shubhanshu Shukla and Group Captain Prasanth Balakrishnan Nair -- have been assigned for Axiom Mission 4. Shukla has been designated as pilot of the mission while Nair is back-up crew.

        The committee noted that the joint ISRO-NASA mission faced a substantial budget cut at the RE stage, reducing its allocation from Rs 715 crore to Rs 412 crore.

        "However, the Budget Estimate (BE) for 2025-26 has been drastically reduced to Rs 135 crore, reflecting the deferral of the mission to a later date," the committee said in its report.

        It added that the BE for 2024-25 was Rs 13,042.75 crore but this was substantially revised downwards by 10.09 per cent to Rs 11,725.75 crore at the RE stage.

        As of December 2024, actual expenditure stood at Rs 8,296.38 crore -- a mere 71 per cent utilisation of the RE allocation.

        For 2025-26, the Department of Space projected a requirement of Rs 15,983.37 crore but was allocated Rs 13,416.20 crore, reflecting a shortfall of Rs 2,567.17 crore that can impact some planned initiatives.

        "While the increase in allocation over the previous year suggests continued government support for space activities, the reduction from the projected requirement raises concerns about the department's ability to execute all planned projects efficiently," the committee said.

        It also voiced concern over the repeated reduction to Gaganyaan -- India's human spaceflight programme.

        The committee pointed out that the Gaganyaan programme experienced a significant budget reduction at the RE 2024-25 stage -- from Rs 1,200 crore to Rs 847.35 crore.

        The Department of Space told the committee that the adjustments were based on realistic expenditure patterns and that major mission milestones remained on track, with additional requirements to be addressed at the RE 2025-26 stage, if necessary. PTI SKU SKU SZM SZM

        Budgetary reduction for international space collaboration risks deferring the joint astronaut mission, with funding to be reallocated later. Substantial budgetary reduction for the joint NASA ISRO mission reflects a deferral to the next financial year; the Department of Space reported the RE stage cut was due to scheduling but affirmed bilateral collaboration remains and funds will be allocated later. The committee noted sharp declines in BE allocations, under utilisation of current funds, and repeated reductions to the national human spaceflight programme, warning that the gap between projected requirements and allocations could impede execution of planned space initiatives.
                          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.

                                Budgetary reduction for international space collaboration risks deferring the joint astronaut mission, with funding to be reallocated later.

                                Substantial budgetary reduction for the joint NASA ISRO mission reflects a deferral to the next financial year; the Department of Space reported the RE stage cut was due to scheduling but affirmed bilateral collaboration remains and funds will be allocated later. The committee noted sharp declines in BE allocations, under utilisation of current funds, and repeated reductions to the national human spaceflight programme, warning that the gap between projected requirements and allocations could impede execution of planned space initiatives.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found