NEW DELHI — India’s budget for space projects will see a slight increase of just over 1% for the 2012/2013 fiscal year, as the country’s space agency prepares human spaceflight missions and readies its long-awaited Geostationary Launch Vehicle (GSLV) Mk. III, designed to make India self-reliant in boosting heavier communication satellites.

India Friday unveiled a 40 billion rupee ($800 million) bailout package for cash-strapped flag carrier Air India as part of the federal government’s budget for the fiscal year beginning April 1. Although the cash infusion will provide relief to the state-run carrier, which has been struggling with high fuel prices and a large debt load, the package is smaller than the 55 billion rupees that had been expected.

Russia’s Sukhoi Civil Aircraft Co. (SCAC) will sell 10 Sukhoi Superjet 100 aircraft to an Indian private company, marking Sukhoi’s foray into India’s commercial aircraft market. SCAC President Vladimir S. Prisyazhnyuk says a preliminary agreement was signed last year with India’s Aviotech Pvt. Ltd. for the sale of 10 aircraft. The Superjet 100, a joint venture of Sukhoi and Alenia Aeronautica Co., has an orderbook of 170 aircraft and expects to get new orders from India.