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flag India boosts space budget 2% for 2026-27, focusing on hardware, missions, and private sector growth.

flag India’s space sector received a 2% budget increase for 2026-27, with the Department of Space allocated ₹13,705.63 crore, including a nearly ₹1,066 crore rise in capital spending to ₹6,375.92 crore, signaling a shift toward hardware development. flag Space sciences funding surged to ₹569.76 crore—nearly triple the previous year—supporting planetary missions, astrophysics, and upgrades to four major telescope facilities. flag The budget also boosts space technology, including the Gaganyaan human spaceflight program and Next Generation Launch Vehicle development, while expanding private sector involvement through IN-SPACe and NSIL. flag Despite the increase, industry leaders note the absence of targeted incentives like GST rationalization or a production-linked incentive scheme, limiting transformative impact.

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