GD/PI / #GD Topic

April 04, 2017 @ 01:15 PM

desktop image
mobile image

April 04, 2017 @ 01:15 PM

GSLV is an expensive need

Now the moment results for CAT, XAT, IIFT, SNAP, CMAT, MAT and NMAT are out, you will be invited for GD and it is must for you to practice with variety of GD topics. 
Read and develop points for discussion on GD Burning topic: GSLV is an expensive need
The Geosynchronous Satellite Launch Vehicle, also known as the GSLV, was developed to enable India to launch its satellites into space without depending on foreign rockets. At first glance, the amount spent by the Indian government on GSLV is shocking - according to the chairman of the Indian Space Research Organization (ISRO), K Radhakrishnan, the agency spent Rs 220 crore on the development of the GSLV. 
This may seem like an expensive need, especially when the government does not have sufficient funds to provide basic needs such as food, shelter and clothing to a majority of the population. According to a report published by the United Nations, India is home to one third of the world’s poorest people. And other reports state that over 25 lakh Indians die of hunger every year. 
Given the pathetic living conditions of people in India, investing in space research and the GSLV seems like an expensive affair. However, such expenditure is inevitable and in fact, it is necessary for the advancement of science and technology. 
As such, many people view the GSLV as an ‘expensive need’ – a launch vehicle that is costly to the government and yet necessary for scientific breakthroughs and economic progress.
So, if the Indian government had not developed the GSLV, would its expenditure on space research have decreased? Surprisingly, the answer is no. 
In fact, in the absence of GSLV, the government would have to depend on foreign rockets and it would be required to pay an exorbitant fee to foreign space agencies in exchange for the hiring service of foreign rockets. 
In fact, the ISRO pays around Rs 500 crore to foreign space agencies as a launch fee for sending a 3.5-tonne communication satellite into space. This is more than double the amount spent on developing the GSLV. 
All this expenditure can be avoided with the GSLV and its advanced variants, which are being developed by ISRO. By launching satellites on its own, ISRO will not only save money but it will be able to save precious foreign exchange too. 
So, at a glance, the GSLV may seem like an expensive need, especially in light of the calamities and poverty level in India, which need to be addressed more urgently than development in the fields of science and technology.
However, when we look closely at the situation and analyze the cost that the ISRO would have to bear in the absence of the GSLV, we will realize that the investment in this launch vehicle is totally justified. 
Stay informed, Stay ahead and stay inspired with MBA Rendezvous

Crucial Dates, You Should not Miss

Manav Rachna International Institute
of Research

Admissions Open for all MBA programme at Manav Rachna International Institute of
Research and Studies.
CII School of Logistics Amity University, Delhi and Mumbai
Admissions Open at CII School of Logistics Delhi and Mumbai campus, Apply Now!
GITAM School of International Business, Visakhapatnam
Admissions open for MBA programmes at GITAM. Application Deadline is February 20, 2018
Application Last Date for Online Submission - February 25, 2018
FORE School of Management
Apply for PGDM & PGDM-IB Programmes. Admissions Open for 2018 Apply Now!
MDI Murshidabad
Applications for PGPM 2018-20 at MDI Murshidabad are open
Institute of Public Enterprise, Hyderabad
Last Date to Apply for IPE, Hyderabad is 17 February, 2018
IMI New Delhi
Admissions Open for Executive PGDM at IMI, New Delhi. Application closes on March 1, 2018.
K J Somaiya Institute of Management Studies & Research, Mumbai
Admissions Open for 2018 Apply Now!
Application for PGDM 2018-20 at SDMIMD is open till February 28, 2018
Birla Global University
Admission 2018 Open for MBA at Birla Global University
KIIT School of Management
Admissions Open for MBA at KIIT School of Management through CAT/ MAT/ GMAT/ ATMA/ CMAT/ XAT
TAPMI, Manipal
Last date extended to 11 February, 2018. Apply Now.