Indian National Space Promotion & Authorisation Centre will create the ground for participation of private industries in the Space Sector
India takes first step towards restructuring the Space Sector
New Delhi: Carrying forward it’s plan to restructure India’s Space Sector, the Government of India has decided to set up Indian National Space Promotion & Authorisation Centre to pave the way for the participation of private industries in space activities by introducing policies supported by a friendly regulatory environment.
This decision, taken at the Cabinet meeting presided by Prime Minister Narendra Modi, was announced on Wednesday 24 June 2020 by Minister of State for Atomic Energy & Space, Jitendra Singh.
Singh said, the Cabinet decision is a true tribute to the founding father of India’s Space programme, Vikram Sarabhai, who visualized space technology becoming pan India. The proposed reform will enhance socio-economic use of space assets and activities, he added.
In a tweet Singh said this afternoon “Known for out-of-box, bold and futuristic decisions, only PM Narendra Modi could have made it possible. The decision will go a long way in preventing India’s Space talent Brain Drain and simultaneously help India establish itself as a frontline world nation.
With this development, ISRO will be reduced to an organisation only to manage the facilities. The drawback with ISRO till now was that it was working secretly and its capability was limited to only a handful of people working within the organisation. According to Singh, human resources and expertise (for the Space Sector) will now improve.