Business Matters | Can the space industry help bolster the economy?

Can the space industry help bolster the economic system?

Last week, we noticed Chandrayaan-Three land safely on the moon. ISRO has already launched its Mars mission Mangalyaan, is speaking about its Sun mission, and is speaking about putting man on the moon. The space industry is attending to be price billions of {dollars} throughout the globe. 

If you’re new to the space – actually – does this query preserve bothering you: ie, why spend money on space? Why not spend on training, healthcare and the like? True, social welfare is essential, that doesn’t imply we don’t spend on space. After all, if it may well help spur the economic system, then why not?

Script and presentation: Ok. Bharat Kumar

Videography: Thamodharan Bharath

Production: Shibu Narayan