Isro in Collaboration With Private Sector Will Boost “Atmanirbhar Bharat

CONTEXT: 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 stated here today that ISRO (Indian Space Research Organisation) in collaboration with private sector will boost “Atmanirbhar Bharat”.

The decision to create Indian National Space Promotion and Authorisation Centre (IN-SPACe) will provide a level playing field for private companies as well as Start-Ups.  The proposed range of space activities includes Small Satellite Launch Vehicle, Geospatial services, Satellite Constellation, Application products, etc,

  • The move to open up the Space sector for private participation was a path-breaking step taken by Prime Minister Modi and has been widely welcomed by leading private players across the country.
  • these reforms, the endeavor is not only to ensure that India becomes a competitive Space market, but also to ensure that the benefits of the Space programme reach out to the poorest.
  • This is in keeping with the Government’s principle of planning every reform with the aim to benefit the poorest of the poor and to make India self-reliant through consistent endeavour in the direction of Atmanirbhar Bharat,
  • The applications of Space technology had, in the last six years, been extended to different areas of infrastructure development as well as to bring ease of living for the common citizen.
  • The Space and satellite technology is today being extensively used in railways, road and bridge construction, agriculture sector, housing, tele-medicine, etc, besides disaster management and accurate weather forecast.

About: IN-SPACe

New Space India Limited

  • NSIL is a Central Public Sector Enterprise of the Government of India.
  • It was established in 2019 under the administrative control of the Department of Space.
  • Headquarter: Bengaluru
  • NSIL is the commercial arm of Indian Space Research Organisation (ISRO) with the primary responsibility of enabling Indian industries to take up high technology space related activities and is also responsible for promotion and commercial exploitation of the products and services emanating from the space industry.
  • NSIL is incorporated to carry forward the industry production of space systems and the ISRO’s efforts in realising Polar Satellite Launch Vehicles (PSLV) from industry.
  • NSIL differs from ISRO’s existing commercial arm Antrix Corporation:
  • Antrix will handle ISRO’s commercial deals for satellites and launch vehicles with foreign customers.
  • NSIL will deal with capacity building of local industry for space manufacturing.

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