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Home News Budget Month 2 2019 2019 (2) This

Higher budget allocation for Space technology

1-2-2019
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Department of Space

Posted On: 01 FEB 2019 1:47PM by PIB Delhi

While presenting the Interim Budget 2019-20 in Parliament today, the Union Minister for Finance, Corporate Affairs, Railways & Coal, Shri Piyush Goyal said that seventh dimension of our vision for the next decade aims at the Outer Skies. Our space programme – Gaganyaan, India becoming the launch-pad of satellites for the World and placing an Indian astronaut into space by 2022 reflect this dimension of our vision, the Minister said.

Given below is the budget allocation for some major schemes of Department of Space:

(Rs in crore)

Scheme

2017-18 Actuals

2018-19 BE

2018-19 RE

2019-20 BE

Space Technology

5,948

6,576

6,993

7,483

Space Applications

1,540

1,746

1,595

1,885

INSAT Satellite Systems

565

412

1,330

884

 

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