Russia needs to reshape its space industry to make it more efficient and target-oriented, Prime Minister Dmitry Medvedev said Monday.

"We need to discuss the final proposals on reorganization of the entire system of how the industry is managed," Medvedev told a government meeting on space industry development.

The Russian government must decide the direction of the development of the national space programs and how to restore the quality control mechanism and military structures in the industry, he said, adding the space industry had enormous potential.

Meanwhile, state financing of the space industry had risen two-fold since 2008, amounting to more than 80 billion rubles (2.6 billion U.S. dollars) in 2011, he said, but the industry still faced many problems.

"There are accidents, emergency situations. So we must continue to work coherently not to let such failures happen in the future," he said.

Deputy Prime Minister Dmitry Rogozin told the meeting the government would increase wages in the space industry by 50 percent.

He also said Russia planned to launch more than 100 military and dual-purpose satellites by 2020, which would form part of an early warning system for military reconnaissance, communications and navigation.

Russia also planned to launch a large number of commercial satellites, bringing the total number to more than 200, Rogozin said. Currently, the Russian orbital group consists of 118 satellites.