Govt opens space sector, ISRO facilities for private players


New Delhi: Finance Minister Nirmala Sitharaman on Saturday announced giving the private sector a role in India's space programme, including in satellites, launches and space-based services.
For boosting private participation in space activities, government will provide level playing field for private companies in satellites, launches and space-based services.
Also, the government will provide predictable policy and regulatory environment to private players, she said while announcing the fourth tranche of the economic stimulus package.
Private sector will be allowed to use ISRO facilities and other relevant assets to improve their capacities.
Future projects for planetary exploration and outer space travel would be open for private sector, she said, adding liberal geo-spatial data policy will provide remote sensing data to tech-entrepreneurs.
PTI

Add Comment
Related Topics

Get daily updates from Mathrubhumi.com

Youtube
Telegram
Disclaimer: Kindly avoid objectionable, derogatory, unlawful and lewd comments, while responding to reports. Such comments are punishable under cyber laws. Please keep away from personal attacks. The opinions expressed here are the personal opinions of readers and not that of Mathrubhumi.