Summary : The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, has allocated ₹13,416.2 crore to the Department of Space, reflecting an increase from the previous year’s ₹13,042.7 crore. This includes ₹6,103.6 crore for capital expenditure and ₹7,312.6 crore for revenue expenditure.
The budget also raised the outlay for NewSpace India Limited (NSIL), ISRO’s commercial arm, from ₹950 crore (2024-25 revised estimate) to ₹1,030 crore (2025-26). Additionally, the government has removed customs duty on essential components used in satellite installation and launch vehicle construction, reducing costs and boosting India’s space sector competitiveness.
These allocations highlight India’s commitment to strengthening its space industry and advancing its global presence in satellite deployment and exploration.
Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025, announced a significant increase in the allocation for the Department of Space, setting aside ₹13,416.2 crore for the fiscal year 2025-26. This marks a rise from the ₹13,042.7 crore allotted in the interim Budget 2024-25.
Of the total allocation, ₹6,103.6 crore has been designated for capital expenditure, while ₹7,312.6 crore has been earmarked for revenue expenditure.
In a further boost to India’s space sector, the budget also increased the outlay for NewSpace India Limited (NSIL), ISRO’s commercial arm, from ₹950 crore (revised estimate for 2024-25) to ₹1,030 crore (2025-26).
Additionally, in a move aimed at strengthening India’s space capabilities, the government has eliminated customs duty on key components used in the installation of satellites and the development of launch vehicles. This step is expected to reduce costs and enhance competitiveness in the space industry.
These measures underscore the government’s continued focus on advancing India’s space exploration and commercial satellite deployment capabilities, reinforcing the country’s position as a global leader in the sector.
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