Nearly Rs 2,000 crore hike in space department budget, dip in allocation for atomic energy

The Department of Space in India has received an increased budget of nearly Rs 2,000 crore in the interim budget for 2024-25 compared to the revised estimates for 2023-24. The allocation for the Department of Space now stands at Rs 13,042.75 crore, up from Rs 11,070.07 crore. The increased budget reflects the importance of space technology, with a significant rise in allocation for space technology from Rs 8,180 crore in 2023-24 to Rs 10,087 crore in 2024-25. Prime Minister Narendra Modi has set ambitious targets for the Department of Space, including building a space station by 2035 and landing an Indian astronaut on the moon by 2040.

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