The Union Cabinet chaired by Prime Minister Narendra Modi has approved the continuation of the Polar Satellite Launch Vehicle and Geosynchronous Satellite Launch Vehicle Mark-III programmes, worth more than Rs 100 billion.
The cabinet also gave its nod for the funding of thirty PSLV operational flights under the Programme.
The PSLV programme will also meet the launch requirement of satellites for earth observation, navigation and space sciences and also ensure the continuity of production by the Indian industry.
The total fund requirement is Rs 61.31 billion and includes the cost of thirty PSLV vehicles, essential facility augmentation, programme management and

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