Nearly Rs 2,000 crore hike in space department budget, dip in allocation for atomic energy

Tasked with organising India’s house station, the Division of House has acquired a hike of almost Rs 2,000 crore within the interim Price range 2024-25 as in opposition to 2023-24. The Division of House has been allotted Rs 13,042.75 crore within the interim Price range offered by Union Finance Minister Nirmala Sitharaman on Thursday. In accordance with the revised estimates for 2023-24, the allocation for the division was Rs 11,070.07 crore.
There was a major enhance in allocation for house know-how from Rs 8,180 crore in 2023-24 to Rs 10,087 crore in 2024-25.

Then again, the Price range estimates for the Division of Atomic Power for 2024-25 stand at Rs 24,968.98 crore – internet of recoveries – down from Rs 25,078.49 crore in 2023-24.

Prime Minister Narendra Modi has set a goal for the Division of House to construct a ‘Bharat Antariksh Station’ by 2035 and land an Indian astronaut on the moon by 2040.

The Division of Atomic Power has been allotted Rs 36,159.93 crore within the interim Price range, a slight lower from Rs 36,905.45 crore in 2023-24.

Of the overall allotment of Rs 36,159.93 crore, the Division of Atomic Power has been allotted Rs 15,908.79 crore for capital expenditure which shall be spent on energy tasks, atomic power companies and analysis. A sizeable portion of the allocation for capital expenditure shall be spent on repaying loans for energy tasks. The federal government has authorized constructing 10 indigenously developed nuclear energy vegetation of 700 MW every in fleet mode throughout the nation.

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