Indian Space Policy 2023:
The Union Cabinet has approved the Indian Space Policy, 2023 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.
- Indian Space Policy 2023 seeks to institutionalise the private sector participation in the space sector, with ISRO focusing on research and development of advanced space technologies.
- The policy will allow 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 Indian Space Policy-2023, also delineated the roles and responsibilities of ISRO, space sector PSU NewSpace India Limited (NSIL) and Indian National Space Promotion and Authorization Centre (IN-SPACe).
- 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.
- The INSPACe, created recently, will be the interface between Indian Space Research Organisation and non-governmental entities.
- The policy also spells out the framework for the private sector to use ISRO facilities for a small charge and encourages them to invest in creating new infrastructure for the sector.
- 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 NewSpace India Limited, a public sector undertaking under the Department of Space.