32 C
Delhi
Friday, August 8, 2025

ISPA welcomes enhanced funding for Gaganyaan, sanction for NGLV project

Date:

Share post:

Donate-GC-Razorpay

Chennai: The Indian Space Association (ISpA) on Thursday welcomed the Union Cabinet’s decision to enhance funding for the first manned mission Gaganyaan and sanction of the new Next Generation Launch Vehicle (NGLV) project that would carry higher payloads into orbit.

In a statement here, ISpA Director General Lt Gen A K Bhatt (retd) said in the context of announcement of increase in Gaganyaan funding and sanction of the NGLV project, “We welcome the Union Cabinet’s decision to significantly enhance funding for ISRO’s Gaganyaan Mission and sanctioning of the NGLV project”

“These steps are in sync with the government’s strong and continuous support for advancing India’s visionary Space roadmap”, he said.

These sanctions would not only help ISRO but also provide a substantial boost of confidence to the entire space ecosystem, including private sector players who have long been co-travelers with ISRO.

This initiative will open up new avenues and growth opportunities within India’s space ecosystem, empowering startups and established firms alike to contribute towards making India a leading spacefaring nation”, he added.

Related articles

Police Launch Widespread Crackdown on Banned Literature in Kashmir

The Jammu and Kashmir Police, on Thursday, said that they carried out coordinated and legally sanctioned searches at...

J&K Govt Bans 25 Books ‘Propagating False Narratives, Secessionism’

With its latest notification dated Tuesday, August 5, the Home Department, Government of Jammu and Kashmir, declared the...

Bandi Sanjay accuses Congress of betraying BCs while favouring Muslims

Hyderabad: Union Minister of State for Home Affairs Bandi Sanjay Kumar today accused the Congress party of deceiving...

Brazil to respond to U.S. tariffs with contingency plan: Lula

Brasilia: Brazil will respond to a steep tariff increase imposed by the United States with a contingency plan...