SATURDAY, SEPTEMBER 13, 2025
India’s space budget almost tripled in last 10 years: Minister
According to Union Minister Dr Jitendra Singh, India's space budget almost tripled in the last 10 year
Published on Mar 8, 2025
By IANS
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- NEW DELHI — India’s space budget almost tripled in the last 10 years -- from Rs 5,615 crore in 2013-14 to Rs 13,416 crore in 2025-26 -- the government said on Saturday.
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- According to Union Minister Dr Jitendra Singh, India's space technology is no longer confined only to the launch of rockets, but is also playing a major role in revolutionising governance by supplementing transparency, grievance redressal and citizen participation.
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- “In the process, there is reduced scope of corrupt practices, more discipline in observing timelines and less of so called red-tapism,” he said while addressing the ‘Space-Tech for Good Governance' Conclave here.
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- The number of space startups has grown from one to more than 300, positioning India as a key revenue generator in the global space market.
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- India has launched 433 foreign satellites, with 396 of them launched since 2014, generating $192 million and 272 million euros in revenue.
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- Emphasizing Prime Minister Narendra Modi's leadership, Dr Singh explained how space technology is playing a pivotal role in bringing ease of living for common citizens through good governance.
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- The space technology has now become integral to every Indian household, powering various governance services enabled by satellites from the Department of Space, said the minister.
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- Dr Singh also pointed out that space technology also plays a critical role in national defence, border surveillance, and geopolitical intelligence, contributing significantly to India's security.
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- The minister underscored the growing significance of India's space sector as an attractive avenue -- not only for startups and livelihood generation but also for transforming the governance practices.
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- The minister also emphasised space technology’s role in India’s agricultural sector — one of the major pillars of the economy — stating that it has become an invaluable force multiplier in improving decision-making, weather forecasting, communication, disaster preparedness, early warning systems, urban planning, and security.
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- Dr Singh noted that India's neighbouring countries increasingly depend on India's satellite systems, further strengthening India's position as a regional space leader.
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- “Gone are the days when we used to take the lead from others. Now, India sets the cue for others to follow, said the minister, citing the successful Chandrayaan-3 mission, which made India the first nation to reach the southern pole of the Moon.
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