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  • Essay / How can poor countries finance space programs? - 910

    The world today seems to be going beyond its limits. Similarly, India has decided to launch its orbiter to Mars and become one of the few countries with this capability. But India will face many problems and will have to look into many questions before focusing on such a drastic situation which will change the world view. India must realize the downfall of its country before reaching out and helping others. The ignored economy. The first step to starting anything is to recognize the capital resources needed to start a task of this magnitude. Kaul (2013) indicated that more than 65% of India is comprised of poor people below the poverty line; Furthermore, the Press Trust of India (2013) published that India accounts for one-third of the world's poor population. The question then arises why did India ignore the country's economic problem to travel to and from Mars? Many people in India cannot afford to feed themselves with current meal prices, as reported by Kaul (2013). This mission will not help the economy if the launch fails or the orbiter fails to reach or return, Hsu (2013) said. There is no guarantee that money spent on crafts will help the economy in the future. The source of capital. The other question that was raised was where India got the funding for this space mission. According to Bennett (2013), many people believed, and still believe, that much of this was due to the British aid program provided by the United Kingdom. India only showed interest in the space program after the UK gave it £280 million in aid, which seemed to be questioned by everyone if India had used this money for his own purposes (Bennett, 2013). Moreover, India is a labor intensive country...... middle of paper ......e-itHume, Tim. (November 5, 2013). Is India's Mars mission the latest escalation in Asia's space race? Retrieved from CNN: http://edition.cnn.com/2013/11/04/world/asia/india-mars-space-race/Kaul, Vivek. (July 30, 2013). Mandatory: a new poverty line which shows that 67% of the Indian population is poor. Retrieved from First Post: http://www.firstpost.com/economy/required-a-new-poverty-line-that-shows-67-of-india-is-poor-993241.htmlPress Trust of India. (April 19, 2013). India accounts for 33% of the world's poor: World Bank. Retrieved from Times of India: http://articles.timesofindia.indiatimes.com/2013-04-19/india/38673088_1_extreme-poverty-poverty-line-jim-yong-kimWilford, JN (July 12, 1997). The Rover on Mars is stuck in slow motion after a communication error. New York Times, p. 7. Wilson, Beth Anne and Keim, Geoffrey N. (2006). India and the global economy. Business economics, 41(1), 28-36.