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Budget 2024 for Space Sector
What are the top expectations for the Space Sector in the upcoming Interim Budget 2024-2025? Click on to financialexpress.com and get a comprehensive idea on our dedicated page Who Gets What. Navigate through a handy ready reckoner, meticulously crafted to provide a glance at previous Budgets declarations for the sector.
Budget 2024 Announcements for Space Sector
Space Sector
- FM Niramala Sitharaman did not specify anything related to the Space industry during the Interim Budget 2024 speech.
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Budget Announcements for Space Sector in FY2024
Space Sector
- The Union Budget 2023 announced a reduction in the expenditure of the Department of Space
Budget Announcements for Space Sector in FY2023
Space Sector
- An increased budget was announced for the Ministry of Science & Technology
- Ministry of Space was allocated Rs 1000 crore more than the previous year’s budget
Budget Announcements for Space Sector in FY2022
Space Sector
- Union Budget 2021-22 announced the given as a part of the Gaganyaan mission activities: 4 Indian astronauts being trained on Generic Space Flight aspects, in Russia. First unmanned launch is slated for December 2021
- PSLV-CS51, launched by New Space India Limited (NSIL), will carry Brazil's Amazonia Satellite along with several Indian satellites.
Budget Announcements for Space Sector in FY2021
Space Sector
- An increase in allocation for the Indian Space Research Organisation (ISRO)
Budget Announcements for Space Sector in FY2020
Space Sector
- Declared the aim of the space programme – Gaganyaan, which is for India to become the launch-pad of satellites for the World and to place an Indian astronaut into space by 2022
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