Why does India invest in Space?

The Indian Space Research Organization (ISRO) budget for fiscal year of 2018 was around Rs. 10,000 crore which amounted to about 0.0004% of the 2018 Union Budget of India. To understand the broad reasons behind this investment, it is important to highlight the direct and indirect benefits of Space to the country. The reasons behind the establishment and continued existence of national space programs can be broadly classed under ‘Geopolitical’, ‘Societal’, ‘Scientific’ and ‘Commercial’ gains to the country. In this post, I will briefly summarize how these individual gain areas were the primary motivations for major space agencies of the world. How do these play out as opportunities for India to capitalize on, as it moves ahead? Read on for my two cents.  

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