- The Prime Minister, Shri Narendra Modi inaugurated the headquarters of the Indian National Space Promotion and Authorisation Centre (IN-SPACe) at Bopal, Ahmedabad today.
What is IN-SPACe?
- The Union Government in order to increase the private sector participation has established this platform.
- This will act as a common platform to both ISRO (Indian Space Research Programme) and any other entities who are ready to participate in the space sector in India.
- This will also act as a guide and will encourage the domestic participation in the space sector.
- This common platform would lead to a level playing field to the private sector to use the Indian space sector.
- In this context it is also important to analyse one more institution established, that is NSIL – New Space India Limited.
- NSIL is a Central Public Sector Enterprise (CPSE) wholly owned by Government of India.
- This institute is headquartered in Bangalore.
- New Space India Limited (NSIL) is considered to be the commercial arm of ISRO.
- The main objective of NSIL is to pioneer the space based Indian industries in high end technologies.
- In recent years ISRO has shown immense capacity in terms of adopting to the latest technologies.
- Its achievements in its recent missions including Chandrayan II and Mangalyan has caught the attention of the world.
- So by encouraging private sector into the Space sector, it would enable ISRO to concentrate on research and development.
- The major challenge now the Space agencies across the world are facing is how to deal with space debris.
- By encouraging private sector there will be boost to further launches into the space along with the challenge of clearing the space debris.
Source The Hindu