Thousand times cheaper than NASA’s mission. Learn this esoteric financial knowledge from India’s Chandrayaan!

Orhan Wadia
Orhan Wadia  - Editor
4 Min Read
Credits: ISRO
Countdown to History: India’s Moon Mission Set to Make its Mark

New Delhi, August 23: In just a matter of hours, a historic event is poised to etch its presence millions of kilometers away in the celestial expanse. The Indian Space Research Organization (ISRO) is on the brink of realizing a momentous feat with the anticipated landing of Chandrayaan-3’s lander on the lunar surface. This landmark mission stands unparalleled in its significance, captivating not only scientists worldwide but also entrepreneurs and the general populace alike.

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India’s Trailblazing Lunar Quest

Chandrayaan-3, the esteemed lunar endeavor by ISRO, holds the promise of rewriting history. As India’s third lunar voyage, it is essential to grasp the essence of this remarkable undertaking. The journey embarked in 2008 with Chandrayaan-1, followed by the subsequent mission in 2019, leading to the current endeavor – Chandrayaan-3. The initial mission involved an orbiter circling the moon, demanding an investment of Rs 365 crore. The subsequent mission escalated the investment to Rs 978 crore; however, achieving complete success remained elusive.

A Historic Milestone: A Landing of Unprecedented Magnitude

Chandrayaan-3’s significance crystallizes as it mirrors its predecessor in configuration – housing an orbiter and a lander. Today, the spotlight shines on the mission’s landing phase, echoing the pursuit of the earlier mission, which faltered during its soft landing attempt. What adds to the audacity of these missions is their shared objective – venturing into a realm untouched by even global giants like the United States, Russia, and China. This uncharted territory, steeped in perpetual darkness, offers a potential treasure trove of knowledge, with researchers envisioning water reserves. Should this aspiration come to fruition, Chandrayaan-3 could galvanize human space exploration endeavors.

Economical Excellence: ISRO’s Prudent Approach

The fiscal prudence that underscores ISRO’s ventures is strikingly evident in Chandrayaan-3. Costing a modest Rs 615 crore, the mission’s financial allocations tell a tale of efficiency. Rs 365 crore pertains to the launch vehicle, while Rs 250 crore supports the lander and rover components. The stark contrast with NASA’s endeavors is conspicuous. NASA’s Artemis Moon Program, slated for 2025, carries a staggering $93 billion price tag – a whopping Rs 7,69,226 crore, a staggering 1,250 times the budget of Chandrayaan-3.

A Glimpse into the Future: ISRO’s Vision

Chandrayaan-3’s significance extends beyond its immediate impact, shaping India’s future in space exploration. The upcoming Aditya-L1 solar mission, projected at Rs 378 crore, precedes the momentous Gaganyaan, India’s first human space mission, with an allocation of Rs 9,023 crore. The next year is set to witness the launch of the second Mangalyaan, followed by the forthcoming Shukrayaan expedition to Venus within the next 7-8 years. This tapestry of future endeavors underscores ISRO’s ability to achieve extraordinary feats within modest budgets.

Learning from ISRO’s Triumph: Nature as a Catalyst

ISRO’s remarkable journey serves as an inspirational beacon for every aspirant, entrepreneur, or individual. The agency’s success story, despite modest budgets, emphasizes that determination surpasses fiscal constraints. Leveraging the natural forces of Earth and the moon, ISRO creatively harnessed gravitational dynamics to economize fuel and resources. This lesson resonates with individuals from all walks of life, encouraging them to harness nature’s latent potential to conquer their loftiest ambitions.

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