ForumIAS announcing GS Foundation Program for UPSC CSE 2025-26 from 19 April. Click Here for more information.
ForumIAS Answer Writing Focus Group (AWFG) for Mains 2024 commencing from 24th June 2024. The Entrance Test for the program will be held on 28th April 2024 at 9 AM. To know more about the program visit: https://forumias.com/blog/awfg2024
What is the news?
The government clarified the mandate of the New Space India Limited(NSIL) to the Rajya Sabha. It was in response to a query by the Standing Committee on Science and Technology on whether NSIL would replace ISRO.
What will be the role of ISRO?
- ISRO would be in charge of projects linked to “national security and advanced technology” — like the forthcoming Chandrayaan 2 mission and the Gaganyaan mission that plans to send Indian cosmonauts into space.
- However, the bulk of commercial activities would increasingly be handled by New Space India Limited (NSIL).
About New Space India Limited(NSIL):
NSIL was established in 2019. It is a completely Govt. owned Undertaking / CPSE. It is under the administrative control of the Department of Space (DOS).
- Objective: To commercially exploit the research and development work of the Indian Space Research Organisation (ISRO).
- Mandate:
- Owning satellites for Earth Observation and Communication applications and providing space-based services
- Building satellites and launching them as per demand
- Providing Launch Services for satellite belonging to the customer
- Building launch vehicles through Indian Industry and launch as per satellite customer requirement
- Space based Services related to Earth Observation and Communication satellites on a commercial basis
- Satellite building through Indian Industry
- Technology Transfer to Indian Industry
Source: The Hindu
