Budget 2019: India has emerged as space power, time to harness space ability commercially, says FM

Last Updated: Jul 05 2019 | 10:06 PM IST

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New Delhi, July 05 (ANI): Union Finance Minister Nirmala Sitharaman presented the budget for 2019-2020 in the national capital today. While addressing at the Lok Sabha, Nirmala Sitharaman said, "India has emerged as a major space power. It is time to harness our ability commercially. To harness India's space ability commercially, a public sector enterprise, New Space India Limited (NSIL) has been incorporated to tap the benefits of Indian Space Research Organisation (ISRO)."