Science and Technology
Science and Technology
Wed, January 29, 2025
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India's Space Budget 2025: Eyes on Earth, Focus on Growth
- With an estimated 14,500 crore allocated for Earth observation initiatives in the 2025-26 budget, the expected annual return on investment exceeds 3 lakh crore, making it one of the most high-impact public investments in recent years.
The article from MSN discusses India's space budget for the fiscal year 2025, highlighting a significant increase in funding for the Indian Space Research Organisation (ISRO). The budget has been set at approximately $1.6 billion, marking a 10% rise from the previous year. This increase reflects India's growing ambitions in space exploration and its strategic focus on enhancing capabilities in satellite technology, space missions, and fostering growth in the space sector. Key areas of investment include the development of new launch vehicles, satellite manufacturing, and human spaceflight programs like Gaganyaan. The budget also aims to support private sector participation, promote space startups, and expand India's footprint in global space commerce. Additionally, there is an emphasis on earth observation, navigation, and communication satellites to aid in national development, disaster management, and security. The article underscores India's intent to leverage space technology for socio-economic benefits and to establish itself as a significant player in the international space arena.
Read the Full MSN Article at:
[ https://www.msn.com/en-in/news/techandscience/india-s-space-budget-2025-eyes-on-earth-focus-on-growth/ar-AA1y3Aoj ]
Read the Full MSN Article at:
[ https://www.msn.com/en-in/news/techandscience/india-s-space-budget-2025-eyes-on-earth-focus-on-growth/ar-AA1y3Aoj ]
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