Indian Government to open space sector for private companies.
                     Indian Government to 
open space sector for 
private companies
Introduction
In a cabinet meeting chaired by Prime 
Minister Narendra Modi on Wednesday, the 
Central Government has approved the 
opening of the main space sector for 
private participation. 
The government said the move would allow 
India's premier space agency ISRO to 
concentrate on research and development 
while offering opportunities to expand 
India's space exploration and technology 
through private involvement.
Source: ET Tech
Plan from History
Such reforms can be associated with the 
power sector reforms implemented under 
Atal Bihari Vajpayee government rule, 
Union minister Javadekar said at the New 
Delhi cabinet press conference.
Source: Deccan Herald
Expectation
They've built up very good space assets, 
these assets are now opening up for use by 
everyone, as Javadekar has said. 
He remembered that due to regulatory 
restrictions, a group of Indian students, who 
had ingeniously created a satellite, had to 
launch from a facility outside India. With the 
new reforms in the space sector, he said, 
such a situation will not come in the future.
Source: Deccan Herald
Promotion
Space Minister Jitendra Singh said a new 
organization named the Indian National 
Space Promotion and Authorization Center 
(In-SPACe) has been floated to direct the 
involvement of private companies in space 
activities and the usage of space resources.
Source: ET Tech
IN-SPACe
Newly established Indian National Space 
Promotion and Authorization Center (IN-
SPACe) to provide a level playing field for 
the use of Indian Space resources by 
private companies. 
It will also handhold, promote, and guide 
the space activities of the private 
industries.
Source: gs times
Historic Decision
It is a "historic decision" and a step away from 
the custom of the past since independence. 
Space minister Jitendra Singh  owed Prime 
Minister Narendra Modi credit for piloting the 
far-sighted reform. 
PM Modi is known for taking bold, unorthodox 
and innovative decisions; hence the decision 
was taken to host private sector involvement 
in space sector activities.
Source: ANI News
Benefits
Space Minister added that the reform would 
allow ISRO to concentrate more on research 
and development activities and also help to 
prevent the brain drain of Indian talent 
while enhancing the socio-economic use of 
space assets and activities like permitted 
access to existing space assets at facilities.
Source: Space Review
Bright Future of India
Singh added that in every sphere of 
operation India is now using space 
technology and the space tech has reached 
every household. 
He said the time has come to boost the 
potential of India in the sector by providing 
a level playing field.
Source: GeekWire
Conclusion
Cabinet decisions come weeks after Finance 
Minister Nirmala Sitharaman has 
announced the opening of private entities 
to the space industry. 
Some of the planetary exploration missions 
will also be opened to the private sector via 
a mechanism for 'announcing 
opportunities.'
Source: The Hindu
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