Budget: Department of Space tasked to deliver 3 earth observation and 2 communication satellites next fiscal
The Department of Space has been allocated Rs 8,936.97 crore in the Budget for various space-related projects. It has also been tasked to achieve certain targets - deliver three earth observation, two communication satellites - next fiscal.
Union Finance Minister Arun Jaitley on February 1 presented the 2018-19 Union Budget.
The total allocation for the Department of Space for next fiscal is around Rs 10,783 crore (including the Rs 8,936.97 crore) - up from Rs 9,155.52 crore allocated for 2017-18 net of recoveries and receipts, reports IANS.
The space department has been tasked to deliver three earth observation space crafts ready for launch; four Polar Satellite Launch Vehicle (PSLV) flights; one each of Geosynchronous Satellite Launch Vehicle MkII and Mk III. A sum of Rs 6,576.02 crore has been allocated for this purpose next year, as per the budget papers.
For the purpose of completion and launch of two communication satellites next fiscal a sum of Rs 411.60 crore has been allotted.
Under the design and development of applications for earth observation, communication, and disaster management scheme for which Rs 1,746.25 has been allocated, the Department of Space has to deliver nine earth observation/communications payloads; information support for five disaster events; 8,500 maps to support national missions and users projects and 300,000 value-added products disseminated to users.
A sum of Rs 230.10 crore has been allocated for undertaking space science missions and interplanetary expeditions under which the Department of Space has to deliver: Indian lunar mission/Chandrayaan-II; readiness of two sub-systems for Aditya-L1 mission; 35 publications from space science missions; release of two terabyte of space science-related data to public utilisation; 250 research projects in academia supported through Indian Space Research Organisation (ISRO) programmes.
In a recent interview with IANS, ISRO Chairman K. Sivan said India will be using its own rockets for launching communication satellites and reduce the use of satellite launch services of foreign space agencies.
This, in turn, would reduce the outgo of foreign exchange.