Dept of Space allocated Rs 13,949 cr in budget, Rs 4,449 cr more than last fiscal

Sitharaman said as part of Gaganyaan, India's manned space mission, four Indian astronauts are being trained on Generic Space Flight aspects, in Russia.

Published: 01st February 2021 04:02 PM  |   Last Updated: 01st February 2021 04:02 PM   |  A+A-

PSLV-C49

Representational Image. (Photo | ISRO Twitter)

By PTI

NEW DELHI: After a steep cut last year, the Department of Space has been allocated Rs 13,949 crore in this Budget, of which Rs 8,228 crore have been earmarked for capital expenditure.

Rs 700 crore has been allocated for the New Space India Limited (NSIL), a newly formed public sector undertaking under the Department of Space.

"The New Space India Limited, a PSU under the Department of Space, will execute the PSLV-CS51 launch, carrying the Amazonia Satellite from Brazil, along with a few smaller Indian satellites," Finance Minister Nirmala Sitharaman said in her budget speech.

In Budget 2020-21, the Department of Space has been allocated Rs 13,949.09 crore, of which Rs 8,228.63 crore has been earmarked for capital expenditure.

This is nearly Rs 900 crore more than what was allocated in 2019-20 and Rs 4,449 crore more than fiscal 2020-21.

Last year, Rs 13,479.47 crore was earmarked for the DoS, but it was later revised to Rs 9,500 crore.

In 2019-20, the DoS was allocated Rs 13,017.61 crore.

Sitharaman said as part of Gaganyaan, India's manned space mission, four Indian astronauts are being trained on Generic Space Flight aspects, in Russia.

"The first unmanned launch is slated for December 2021," she said.

It was initially scheduled to be held in December 2020 but had to be postponed due to the coronavirus pandemic.

 


Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.