Funds for space research on par with developing countries: Narayansamy

Indicative Plan outlay for space research during 12th Five Year Plan (2012-17) is Rs 39,750 crore

The financial allocation for space research in India compares well to that of other developing countries, said inister of Prim Minister’s Office Shri V Narayansamy.

The Minister said for the 12th Five Year plan it stood at Rs 39,570 crore.

In a reply to a written question in the Lok Sabha today, the Minister gave out the budgetary allocations made for space research and technology, which includes Space Technology, Space Sciences, Space Applications, Directions & Administration and INSAT Operational systems in the last three years along with its percentage to India’s GDP.

The indicative Plan outlay for space research during the 12th Five Year Plan (2012-17) is Rs 39,750 crore. The actual plan expenditure during 11th Five Year Plan (2007-12) was Rs 15,195 crore.

The increase in Plan allocation during 12th Five Year Plan is intended to undertake space research in the areas of development of Advanced Communication Satellites, development of Advanced Launch Vehicle Technology, high-resolution imaging system, Satellite Navigation Systems, Space Science & Planetary Exploration and Disaster Management Support Programme, said the Minister.

Financial Year	Budget Allocated (in Rs crore)	Percentage to GDP
2010-11	5,778.04	0.074
2011-12	6,626.04	0.074
2012-13	6,715.04	0.067