https://www.taxtmi.com/news?id=62915 The industry requests tripling space sector budgetary allocation to at least 0.12% of GDP and formal designation of space as critical infrastructure to enable sustained public investment across communications, navigation, climate systems, launch infrastructure and disaster resilience. It also proposes a National Satellite Connectivity Mission funded through the Universal Service Obligation Fund to finance satellite backhaul for ~40,000 difficult gram panchayats with multi year commitments, plus enabling FDI frameworks, mechanisms to release R&D working capital, a Certifying Authority for customs exemptions and a Hybrid Production Linked Incentive for space manufacturing. en-us Thu, 27 Nov 2025 16:16:03 +0530 Thu, 27 Nov 2025 16:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=62915 The industry requests tripling space sector budgetary allocation to at least 0.12% of GDP and formal designation of space as critical infrastructure to enable sustained public investment across communications, navigation, climate systems, launch infrastructure and disaster resilience. It also proposes a National Satellite Connectivity Mission funded through the Universal Service Obligation Fund to finance satellite backhaul for ~40,000 difficult gram panchayats with multi year commitments, plus enabling FDI frameworks, mechanisms to release R&D working capital, a Certifying Authority for customs exemptions and a Hybrid Production Linked Incentive for space manufacturing. News - Thu, 27 Nov 2025 16:16:03 +0530 https://www.taxtmi.com/news?id=62915