The government on Tuesday approved a one time grant-in aid of Rs 378 crore as Budgetary support for implementation of GPS-aided Geo Augmented Navigation system (GAGAN). The GAGAN system, estimated to cost Rs 774 crore, would make the skies from South-east Asia to Africa, including Indian airspace much safer. The prestigious project, being developed jointly by the Airports Authority of India (AAI) and Indian Space Research Organisation (ISRO), would place India in the fourth position along with the US, Europe and Japan to have such an advanced navigation system. “The Cabinet Committee on Economic Affairs has approved a one-time grant-in-aid of Rs 378 crore from the Government Budgetary Support (GBS) for implementation of GAGAN project…,” an official statement said. Read More