GUWAHATI: In a significant revelation by the Indian Space Research Organisation (ISRO), it has been found that every rupee invested in the space agency yields a return of ₹2.50 to society. This insight was shared by ISRO Chief S Somanath, highlighting the agency’s multiplied value to the nation.
Emphasizing ISRO’s mission-centric approach, Somanath stated that the agency is dedicated to national service rather than competing for global dominance. To uphold this vision, ISRO seeks the autonomy to pursue its objectives and foster a thriving ecosystem for space-related enterprises.
Acknowledging the financial challenges of ambitious projects like lunar missions, Somanath underscored the necessity for diversifying funding sources beyond government allocations. “Going to the moon is expensive, and we can’t solely rely on government funding. We must create business opportunities to sustain these endeavors. Otherwise, once achieved, the government might instruct us to shut down,” he explained.
Additionally, Somanath pointed out that ISRO’s scope extends well beyond space exploration. The agency plays a crucial role in various sectors, impacting daily life and advancing technological capabilities across multiple domains.
This study not only reiterates the economic benefits of investing in ISRO but also calls for strategic partnerships and innovative business models to ensure sustainable growth and continued contributions to national development.
In summary, ISRO stands as a pillar of return on investment through its multifaceted initiatives, reinforcing the importance of continued support and strategic freedoms to amplify its impact on India’s technological landscape.
Original Story https://www.guwahatiplus.com/guwahati/for-every-rs1-spent-by-isro-india-gets-rs25-back-says-isro-chief
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Publish Date: 2024-11-15 16:45:00
