Interim Budget: Space to get more, atomic power less

Updated: Feb 2nd, 2024

Source: IANS

Out of the two strategic sectors – space and atomic power, a higher budgetary allocation has been proposed for one and lower for the other, as compared to previous year, in the Interim Budget presented by finance minister Nirmala Sitharaman on Feb 1. 

As per the interim budget papers, an allocation of ₹13,042.75 crore has been made for the department of Space for 2024-25 up from the Budget Estimates of ₹12,543.91 crore for 2023-24. 

The Revised Estimates for 2023-24 for the department of Space was ₹11,070.07 crore. 

On the other hand, for 2024-25 the Budget Estimates for department of Atomic Energy stands at ₹24,968.98 crore, net of recoveries - down from 2023-24 figures of ₹25,078.49 crore. 

The Revised Estimates, net of recoveries for department of Atomic Energy for 2023-24 was ₹26,799.78 crore. Prior to recoveries, the Budget Estimates for 2024-25 for the department of Atomic Energy stands at ₹36,159.93 as against a Revised Estimate of ₹36,905.45 crore and a Budget Estimate of ₹35.262.49 crore for 2023-24.

(Source: IANS)

-Edited for style

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