Source: The post is based on the article “Union Cabinet gives nod to Indian Space Policy 2023” published in The Hindu on 7th April 2023
What is the News?
The Union Cabinet has approved the Indian Space Policy, 2023.
What is Indian Space Policy, 2023?
Aim: To enhance the role of the Department of Space, boost activities of Indian Space Research Organisation (ISRO) missions and give a larger participation of research, academia, startups and industry.
Key Features of the Indian Space Policy:
The policy delineated the roles and responsibilities of ISRO, space sector PSU NewSpace India Limited (NSIL) and the Indian National Space Promotion and Authorization Center (IN-SPACe).
It allows the private sector to take part in end-to-end space activities that include building satellites, rockets and launch vehicles, data collection and dissemination.
The strategic activities related to the space sector will be carried out by NSIL, a public sector undertaking under the Department of Space, which will work in a demand-driven mode.
INSPACe will be the interface between Indian Space Research Organisation and non-governmental entities.
ISRO will not do any operational and production work for the space sector and focus its energies on developing new technologies, new systems and research and development.
The operational part of ISRO’s missions will be moved to the NSIL.
| Read more: Space Industry in India: Potential and Challenges – Explained, Pointwise |
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