Finance Minister Nirmala Sitharaman on Monday announced the execution of the Polar Satellite Launch Vehicles (PSLV-C51) launch under the public sector undertaking - New Space India Limited. The announcement was made as Sitharaman tabled the Union Budget for FY 2021-22 in the Parliament. The New Space India Limited, a PSU, under Department of Space will execute the launch of PSLV-C51 carrying satellites from Brazil and India, the finance minister told the Parliament. The finance minister also mentioned Chandrayaan-3, a successor to the Chandrayaan-2 mission to the far side of the moon, in her Budget speech. 2021 will be the year of Chandrayaan-3 , the finance minister said as she began her third Budget presentation.