At the Cabinet meeting here, Prime Minister Narendra Modi briefed his colleagues on the successful launch of PSLV-C34 which carried multiple satellites.
"The Cabinet then applauded ISRO and its scientists for the new record they have created," Finance Minister Arun Jaitley told reporters at a briefing of the decisions taken by the Union Cabinet.
Creating a record, India successfully launched 20 satellites, including 17 foreign and its earth observation satellite, in a single mission in 26 minutes from Sriharikota in a crucial step to become a key player in the multi-billion dollar space launch market.