123% increase in space budget in 9 years, Modi government released report card

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Buoyed by the success of various space programmes, growing space activities in the country and the Chandrayaan-3 mission, the Modi government on Wednesday released a series of posts unveiling its report card on the country’s achievements in the fast-growing space sector. . Proof of our prowess in space innovation, said the microblogging site X (earlier Twitter)! And said, “Before 2014, only 35 foreign satellites were launched. With the journey of profits through space ventures, the country earned more than Rs 3,300 crore by launching 389 foreign satellites in the last 9 years. Let us tell you that on 15 February 2017, India also set a world record for launching 104 satellites on PSLV-C3. On the other hand, if reports are to be believed, out of 104 satellites launched, 101 belonged to international buyers.

Emphasis on nurturing space innovators

Explaining further in the presented report, it was said that India’s space sector budget increased from Rs 5,615 crore in the year 2013-14 to Rs 12,543 crore during ten years. Please tell that this is an increase of 123 percent. With the increase in satellite launches, ISRO’s launch rate also increased from 1.2 annual launch missions before 2014 to an impressive 5.7 satellites since 2014. The Government of India also emphasized on nurturing space innovators in the coming times as the number of ISRO to launch student satellites has increased from four before 2014 to 11 since 2014.

Aims to ignite young minds and inspire them towards the universe

The post released said that the aim was to ignite young minds and inspire them towards the universe. Though the Chandrayaan-2 lander crashed, its orbiter has become a “symbol of knowledge” as it illuminated the universe with tons of data on the Moon, inspiring researchers across the world. With eight advanced scientific instruments, Chandrayaan- 2 orbiter is sending back valuable scientific findings from the Moon, among which there is clear evidence of the presence of water molecules (H2O) and hydroxyl (OH) on the lunar surface for important research.

First joint hardware development between two agencies for Earth-observing mission

For your information, let us tell you that in these nine years, India has joined hands with many countries for leading partnerships in space. Important among them is the signing of the NASA-led Artemis agreement by India during PM Modi’s visit to the US this year. The government said the agreement is aimed at peaceful moon exploration and Chandrayaan-3’s data could support Artemis manned landing. NISAR, a Rs 470-crore Indo-US joint satellite project, is the first joint hardware development between the two agencies for an Earth-observation mission.

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