Economic Survey 2025-26: will NSIL pick up the slack of a flat space budget?

The Economic Survey for 2025-26 raises critical questions about India's space program, particularly regarding the National Space Innovation and Launch (NSIL) agency's role in addressing the challenges posed by a stagnant budget. The gap between industry demands and the resources allocated by the Department of Space has widened significantly. As commercial interest in space exploration and satellite launches continues to grow, stakeholders are urging the government to increase funding and support for the sector. The survey highlights the urgent need for strategic investment to bolster India's position in the global space market and ensure that Indian companies can compete effectively. Without a proactive approach from NSIL and the government, the potential for innovation and growth in India's space industry may be severely hampered, limiting the country's ability to harness the benefits of emerging technologies and services. The survey serves as a wake-up call for policymakers to reassess priorities and align budgets with the burgeoning aspirations of the domestic space sector, ensuring India remains a key player in global space endeavors.