Cabinet approves Rs 10,900 crore for 30 PSLV, 10 GSLV Mk III launches

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NEW DELHI: In a big boost to India’s space program, the Cabinet has given the financial approval of Rs. 10,900 crore for the launch of 30 PSLV and 10 GSLV Mk III rockets in the next four years.
“With the Cabinet approval of Rs. 4,338 crore for 10 launches of 10 GSLV Mk III (Isro’s fat boy) in the next four years, we will be able to launch heavier satellites weighing around 4 tonne. This will be a big leap forward as we don’t have to depend on foreign spaceports for launching heavier satellites,” minister of state in PMO Jitendra Singh said.
“This GSLV Mk II program has materialized and evolved in the last three to four years under the Modi government. It is in keeping with the Make of India program and is totally an indigenous program,” Singh said, adding, “With this program, Isro will be able to launch not only mini satellites of foreign countries but also foreign satellites of over 4 tonne weight.”
The Cabinet has also given approval for 30 PSLV launches with the financial sanction of Rs. 6,573 crore, he said.
“The satellite launches will not only be significant for our space agency but also benefit the common man. Under the Modi government, Isro has taken giant leaps in space programs,” says Isro chairman K Sivan.

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