Reforms Initiated in Space Sector

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Reforms Initiated in Space Sector

  • The Union cabinet under the leadership of Prime Minister decided to open up access to space assets to those beyond the government.
  • The reforms in the space sector will boost private sector participation in the entire range of space activities.
  • The decision is in line with the long term vision of making India self-reliant (Atmanirbhar) and technologically advanced.
Reforms Initiated in Space Sector

Overview

Some of the key benefits of the reforms are:

  • The space sector can catalyze the technological advancement and expansion of our industrial base.
  • The socio-economic use of space assets and activities will be enhanced through these proposed reforms, including through improved access to space assets, data and facilities.
  • A level playing field for private companies to use Indian space infrastructure will be provided by newly created Indian Space Promotion and Authorization Centre (IN-SPACe) .
  • It will hand hold, guide and promote the private industries in space activities through encouraging policies and a friendly regulatory environment.
  • The Public Sector Enterprise ‘New Space India Limited’ (NSIL) will endeavor to reorient space activities to a ‘demand driven’ model from present ‘supply driven’ model. It will ensure optimum utilization of space assets.
  • These reforms will allow ISRO to focus more on
    • Research and Development activities
    • New technologies development
    • Exploration missions
    • Human spaceflight programme
  • An ‘announcement of opportunity’ mechanism will open up some of the planetary exploration mission to private sector.
  • India being among the handful countries with advanced space sector capabilities, the sector will receive new boost and dynamism through these reforms.
  • The country՚s space activities will leapfrog to next level with the implementation of these reforms.
  • This will also enable Indian industry to be an important player in global space economy.
  • With these reforms, there is an opportunity for large-scale employment in the technology sector and India becoming a global technology powerhouse.

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