Government opens up space sector and assets to private sector to ‘enhance’ capacity - News Summed Up

Government opens up space sector and assets to private sector to ‘enhance’ capacity


“We have built up really good space assets, these assets are now opening up for everyone’s use,” Javadekar said. He said, such a situation won’t arrive in the future with the new reforms in the space sector. Space minister Jitendra Singh said a new organization named Indian National Space Promotion and Authorization Centre (In-SPACe) has been floated to guide private enterprise participation in space activities and the use of country’s space infrastructure. “Newly created Indian National Space Promotion and Authorization Centre (IN-SPACe) to provide a level playing field for private companies to use Indian space infrastructure. “PM Modi is known for taking decisions that are bold, unorthodox, and futuristic; which is whythe decision for hosting the private sector participation in space sector activities has been taken.


Source: Hindustan Times June 24, 2020 11:29 UTC



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