Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr.Jitendra Singh said that Rs 900 Crore was allocated to ISRO for F.Y. 2020-21for developing capacity for launching of satellites. In a written reply to a question in the Lok Sabha, he said that the Department of Space has been involved in launching satellites of foreign countries since long. Total number of satellites launched till date is 328 from 33 different countries and the revenue earned till date is 25 M USD and 189 M Euros. Moreover, Government of India has established NewSpace India Limited (NSIL), a PSU under Department of Space to commercially launch satellites and become financially self-reliant.
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