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In its new budget approved by India’s government the country’s space agency ISRO was the only science agency to get a significant budget increase, approximately 7.3%.
In the short run this is good, as ISRO has been using its funds wisely and accomplishing a lot for a little, while trying to encourage private development in India’s aerospace industry. In the long run, however, this will not be good, as government agencies always grow more than they should while sucking the innovation and creativity from the private sector. This is what NASA did in the U.S.
Hopefully, India will see how things are changing in America with private enterprise reasserting itself after a half century of government stagnation in space development and copy what we are doing.