Dept of space should sensitise finance ministry about importance of new projects: Par panel

Image
Press Trust of India New Delhi
Last Updated : Jan 02 2019 | 6:30 PM IST

The Department of Space should sensitise the finance ministry about the importance of PSLV Continuation (Phase-6), GSLV Continuation (Phase-1), GSAT-20 Communication satellite and others in the growth of the country's space programme and seek necessary budgetary help, a Parliamentary panel has recommended in a report.

The report was tabled in Parliament on Wednesday.

"The committee is of the view that the programmes or projects for which the Department of Space has sought an additional budgetary support of Rs 1360 crore are of national importance and if not supported with the requisite financial support will in turn not only hinder the performance on count of its physical targets but also will act as a barrier in the overall growth trajectory of Indian space programmes," the panel report said.

"It is therefore recommended that the Department of Space sensitise the Ministry of Finance about the importance of PSLV Continuation (Phase-6), GSLV Mk III Continuation (Phase-1), GSAT-20 Communication Satellite and HRSAT Constellation in the overall growth of our space programmes and impress upon them to seek the needed budgetary support," it said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 02 2019 | 6:30 PM IST

Next Story