New Delhi:07 June :- The PM Modi Government of the Center has approved the continuation of the Polar Satellite Launch Vehicle (PSLV) and Geo-synchronous (Geosynchronous) satellite launch vehicle Mark-3 programs. It will be jointly costing more than Rs. 10,000 crores. This step will help ISRO launch the light and heavy weight satellites. From the operation of PSLV, the country has become self-sufficient in satellite launch capability for Earth observation, disaster management, direction indicator and space science.
1- 10 thousand crores sanction for PSLV and GSLV
Under the chairmanship of Prime Minister Narendra Modi, the Union Cabinet has also approved financial assistance for PSLV continuation (Sixth phase) with 30 PSLV operational launch. This program will also meet the need for satellite observation for Earth observation, direction indicator and space science. It will ensure continuation of production in the Indian industry.
According to the official statement, it requires a total fund of Rs 6,131 crore and involves the cost of 30 PSLV vehicles, increasing the required facility, program management and launch campaign. With the participation of Indian industry during the sixth phase of continuation of PSLV program, demand for satellite launches to complete eight projections per year will be met. All operational operations will be completed during the 2019-2024 period. The PSLV continuation program was started in 2008 and its four phases have been completed. The fifth phase of 2019-20 is expected to be completed in the fifth phase.
The approval for the sixth phase will help in the satellite launch campaign during the first three months of 2019-20 to 2023-24. With the successful launch of PSLV-C41 on April 12, 2018, PSLV has completed three development and 43 operational launches and the last 41 launches have also been successful. With this, the Cabinet approved the continuity program for Geo-synchronous (Geosynchronous) satellite launch vehicle Mark -III. It includes ten GSLV (Mk-III) flights and whose total estimated cost is Rs 4338.20 crore. GSLV Mk-III continuity program – Phase 1 is the first phase of operational flights that will be able to launch four-ton class communication satellites to meet the country’s satellite communication needs. This will help in maintaining and strengthening the infrastructure of the country’s space and reducing dependence on foreign projection.