WhatsApp Logo Subscribe
For News Alert

News

Federal budget proposes 850% increase in SUPARCO development budget

By News Desk

June 9, 2024 04:33 PM


Twitter Share Facebook Share WhatsApp Share

The upcoming federal budget includes a proposal to increase the development budget of the Space and Upper Atmosphere Research Commission (SUPARCO) by more than 850%, sources revealed.

According to 24NewsHD TV channel, the proposed allocation for SUPARCO in the next financial year is Rs65.61 billion, a significant rise from the Rs6.9 billion allocated in the current financial year.

Key allocations in the proposed budget include:

Rs59.18 billion for the Pakistan multi-mission communication satellite system, PakSat One.

Rs4.18 billion for the establishment of the Pakistan Space Center.

Rs1.35 billion for the Pakistan Optical Remote Sensing Satellite.

Rs248 million for the Feasibility and System Definition Study of PakSat 2.

Rs650 million for deep space astronomical observatories.

The substantial increase reflects a new plan for SUPARCO, aimed at enhancing the country's space research and development capabilities.


News Desk


Most Read

  1. Naheed Ansari passes away Naheed Ansari passes away
  2. Sonakshi and Zaheer’s alluring sneak peeks from honeymoon Sonakshi and Zaheer’s alluring sneak peeks from honeymoon
  3. Fawad Khan and Vaani Kapoor to star in a film together Fawad Khan and Vaani Kapoor to star in a film together
  4. Former senator Hidayatullah among five killed in Bajaur bomb attack Former senator Hidayatullah among five killed in Bajaur bomb attack
  5. Hareem Farooq hints at engagement Hareem Farooq hints at engagement
  6. Which petrol pumps will stay open tomorrow as dealers go on strike? Which petrol pumps will stay open tomorrow as dealers go on strike?