indian_foxhound
FULL MEMBER
- Joined
- Jan 10, 2013
- Messages
- 1,827
- Reaction score
- 0
NEW DELHI India will launch its
first space mission to Mars this
year, President Pranab Mukherjee
said on Thursday. "Several space missions are
planned for 2013, including
India's first mission to Mars and
the launch of our first
navigational satellite," Mukherjee
said in his maiden address to the joint sitting of Parliament at the
start of the Budget session. The Indian Space Research
Organisation will also put in orbit
the first of its seven satellites of
the Indian Regional Navigation
Satellite System (IRNSS). The system is India's version of the Global Positioning
System. The Mars Orbiter mission, scheduled for launch in
October, will look for signature of life and
reasons for loss of atmosphere on the red planet. Under the mission, India will put in orbit a
spacecraft using the Polar Satellite Launch Vehicle.
The satellite will undertake a 300-day journey to
Mars and is expected to be put into the Martian
orbit in September next year. Mukherjee said the space programme epitomised
India's scientific achievements and benefits the
country in a number of areas. "The launch of the Polar Satellite Launch Vehicle
on September 9, 2012 marked our 100th space
mission. India's first remote sensing satellite
RISAT-1, with all-weather imaging capability,
was also launched in 2012," he said. 'Govt taking steps to revive economy' Expressing concern over declining growth,
President Pranab Mukherjee said government is
taking steps to revive investment activity and
boost economy. "Both global and domestic factors have affected
our growth. We need to address the impact of
both. My government has responded to the
situation by taking several measures to revive
investment activity and investor sentiment," he
said in his address to the joint sitting of Parliament at the beginning of the Budget
Session. The economic growth during the 2012-13 is
expected to fall to a decade low level of 5 per
cent. It was 6.2 per cent in the previous fiscal. "The past year has been a very difficult one for
the global economy ...It has been a difficult year
for India also. "The Indian economy is currently experiencing
slower growth. The real GDP grew by 5.4 per
cent in the first half of the current fiscal year. This
is significantly lower than the average of around
8 per cent in the last decade," Mukherjee said,
adding the government is taking steps to deal with factors responsible for the slowdown. On concerns over fiscal prudence, Mukherjee said,
the government has announced a roadmap for
fiscal consolidation and would contain the fiscal
deficit to 5.3 per cent of the GDP in the current
financial year. Referring to the issue of price rise, he said
"inflation is easing gradually, it is still a problem ...
There has been a moderation in core inflation and
recovery in growth is likely". The inflation based on Wholesale Price Index
(WPI) plummeted to a three year low of 6.62 per
cent in January. The retail inflation, however
continued to remain in double digit. The government, he added, is also working with
states to reach a consensus on Goods and
Services Tax (GST), which will streamline indirect
taxation system
http://www.timesofindia.com/india/I...-this-year-President/articleshow/18606746.cms
first space mission to Mars this
year, President Pranab Mukherjee
said on Thursday. "Several space missions are
planned for 2013, including
India's first mission to Mars and
the launch of our first
navigational satellite," Mukherjee
said in his maiden address to the joint sitting of Parliament at the
start of the Budget session. The Indian Space Research
Organisation will also put in orbit
the first of its seven satellites of
the Indian Regional Navigation
Satellite System (IRNSS). The system is India's version of the Global Positioning
System. The Mars Orbiter mission, scheduled for launch in
October, will look for signature of life and
reasons for loss of atmosphere on the red planet. Under the mission, India will put in orbit a
spacecraft using the Polar Satellite Launch Vehicle.
The satellite will undertake a 300-day journey to
Mars and is expected to be put into the Martian
orbit in September next year. Mukherjee said the space programme epitomised
India's scientific achievements and benefits the
country in a number of areas. "The launch of the Polar Satellite Launch Vehicle
on September 9, 2012 marked our 100th space
mission. India's first remote sensing satellite
RISAT-1, with all-weather imaging capability,
was also launched in 2012," he said. 'Govt taking steps to revive economy' Expressing concern over declining growth,
President Pranab Mukherjee said government is
taking steps to revive investment activity and
boost economy. "Both global and domestic factors have affected
our growth. We need to address the impact of
both. My government has responded to the
situation by taking several measures to revive
investment activity and investor sentiment," he
said in his address to the joint sitting of Parliament at the beginning of the Budget
Session. The economic growth during the 2012-13 is
expected to fall to a decade low level of 5 per
cent. It was 6.2 per cent in the previous fiscal. "The past year has been a very difficult one for
the global economy ...It has been a difficult year
for India also. "The Indian economy is currently experiencing
slower growth. The real GDP grew by 5.4 per
cent in the first half of the current fiscal year. This
is significantly lower than the average of around
8 per cent in the last decade," Mukherjee said,
adding the government is taking steps to deal with factors responsible for the slowdown. On concerns over fiscal prudence, Mukherjee said,
the government has announced a roadmap for
fiscal consolidation and would contain the fiscal
deficit to 5.3 per cent of the GDP in the current
financial year. Referring to the issue of price rise, he said
"inflation is easing gradually, it is still a problem ...
There has been a moderation in core inflation and
recovery in growth is likely". The inflation based on Wholesale Price Index
(WPI) plummeted to a three year low of 6.62 per
cent in January. The retail inflation, however
continued to remain in double digit. The government, he added, is also working with
states to reach a consensus on Goods and
Services Tax (GST), which will streamline indirect
taxation system
http://www.timesofindia.com/india/I...-this-year-President/articleshow/18606746.cms