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Interim Budget 2019: Department of Space funds increased to Rs 11,538 cr

However, the sum to be allocated for developing and building INSAT and GSAT satellites was proposed to be cut for 2019-20

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ISRO's PSLV-C42 carrying two earth observing satellites, NovaSAR and S1-4 of Surrey Satellite Technology Limited (SSTL), UK, ready to be launched from Sathish Dhawan Space Centre in Sriharikota, on Saturday, Sept. 15, 2018.

T E Narasimhan Chennai

Last Updated : Feb 04 2019 | 11:47 PM IST

Finance Minister Piyush Goyal allocated Rs 11,538.26 crore to the Department of Space in the Interim Budget for 2019-20. The development comes in the backdrop of upcoming important space programmes, including sending an Indian astronaut to space by 2022 and Chandrayaan-2, among others.

According to the Budget papers, a sum of Rs 11,538.26 crore has been proposed for the Department of Space for 2019-20, up from Rs 11,200 crore as per the revised estimates for 2018-19.

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The funds proposed towards space technology