Team News Riveting
New Delhi, October 11
The Indian Space Research Organisation (ISRO) is all set to open its facilities for the private sector.
Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space Dr Jitendra Singh said here today that possibly for the first time in the history of Independent India, future projects for planetary exploration, outer space travel etc. would be opened for the private sector.
The initiative was path-breaking historic reforms in the Department of Space under the leadership of Prime Minister Narendra Modi, Dr Jitendra Singh said, adding thatit is also a part of the Modi government’s “AtmaNirbhar” roadmap towards self-reliant India, which envisages the initiative to boost private sector participation in Space activities.
Elaborating further, Dr Jitendra Singh said that Indian private sector would be a co-traveller in India’s Space Sector journey. He said private companies would be provided a level playing field in satellite launches and space-based activities.
The new reforms, said Dr Jitendra Singh, would seek to shift the Space related activities in the country from “Supply Based Model” to a “Demand Based Model”. With the creation of Indian National Space Promotion and Authorisation Centre (IN-SPACe), there would be a mechanism in place and the private sector would be allowed to use ISRO’s facilities and other relevant assets to improve their capacities.
Dr Jitendra Singh further informed that a Web link had been provided for private industries to submit their applications. Applications received from industries and Start-ups are to be processed by a high-level committee, he added.
