ISRO’s Budget Allocation for Space Missions Increased Rs 13,042 Cr

New Delhi: In a significant move to boost space research, the Indian government in its interim budget announced a significant hike in the allocation for the Department of Space, earmarking Rs 13,042.75 crore for the fiscal year 2024-25.

It means the budget allocation for 2024-25 is Rs 498.84 crore higher than the previous year’s budget of Rs 12,543.91 crore. This increased funding follows the success of Chandrayaan-3 and Aditya L1.

Increased budget allocation will help the Gaganyaan mission which aims to send the first Indian astronaut to space and build a space station by the year 2035.

The Department of Science & Technology received Rs 16,603.94 crore for 2024-25, which is Rs 242 crore more than the previous year’s allocation of Rs 16,361 crore.