New Delhi: The South Asia Satellite, which Prime Minister Narendra Modi on Sunday described as Indiaâs âpriceless giftâ to its neighbours, will be launched on May 5.
Seven out of eight SAARC member nations are a part of the project which Pakistan refused to join as it did not want the "gift" from India, PTI reported.
"We have always attempted to move ahead with the concept of 'sabka saath, sabka vikas (cooperation of all, development for all)," Modi said in his monthly Mann Ki Baat radio address.
"On May 5, India will launch the South Asia Satellite. The benefits of this satellite will go a long way in meeting the developmental needs of the countries participating in this project," the Prime Minister said.
Describing it as a "priceless gift" from India, he said the project is a significant step towards promoting cooperation with the entire South Asia.
"This is an appropriate example of our commitment towards South Asia....The satellite of South Asia will help in the overall development of the entire region," Modi said.
The benefits will be in the areas of mapping of natural resources, tele-medicine, education, IT connectivity and people-to-people links, he said.
Soon after taking over as the Prime Minister in 2014, Modi had made a unilateral proposal of India launching the satellite whose data would be shared with the eight SAARC countries for their development, PTI reported.
Initially, it was to be named as 'SAARC Satellite' but its name was changed to South Asia Satellite after Pakistan refused to join the project.
Basically, the satellite is meant for providing communication and disaster support, connectivity among the countries of South Asia region.