 "Budget 2018 allocates Rs 89.6 bn to Department of Space for vehicle launch")
The Centre has allocated around Rs 107.83 billion to the Department of Space in the Union Budget for 2018-19 against 2017-18's Rs 91.55 billion, as per the revised estimates. The allocation includes around Rs 89.63 billion for various space related projects of Department of Space in the 2018-19 Budget and also the targets to be achieved in the next fiscal.
While the allocation is slightly lower than expected, considering that Isro is trying to increase its launches, experts pointed out this should be viewed in the backdrop of Isro's efforts to partner with private industries and augment the revenue of Antrix.
The Output Outcome
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