ISRO Sees Large Budget Increase as Agency Ramps Up for Human Spaceflight

Mockup of India's human spacecraft (Credit: ISRO)

ISRO budget at Rs 5000 cr; manned mission gets Rs 150 cr
Press Trust of India

India’s human space flight programme got a major boost as the General Budget on Friday proposed a significant allocation to it and also sought increase in funds for setting up an indigenous global positioning system.

The Budget, presented by Finance Minister Pranab Mukherjee in the Lok Sabha, has allocated Rs 150 crore for the human spaceflight programme under which the Indian Space Research Organisation (ISRO) plans to develop a space vehicle to put a two-member crew in space and get them back safely.

The government has already approved pre-project research and development activities in this regard.

The plan allocation for ISRO has been pegged at Rs 5,000 crore [~$1 billion] as against the revised budgetary estimates of Rs 3,172 crore last year.

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