The first budget unveiled by Narendra Modi's govt has given a 50% increase to ISRO's funding:
http://economictimes.indiatimes.com/industry/et-cetera/budget-2014-at-rs-6000-cr-government-grants-50-jump-in-isro-budget/articleshow/38147768.cms
I think we can see that Modi really wants to speed India's rise as a space power, and as a launch services provider for the world.
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