TIL Desk/National/New Delhi/ The private sector will now be allowed to carry out space activities like building of rockets, satellites and providing launch services, ISRO chief K Sivan said on Thursday. He said the private sector can also be part of the inter-planetary missions of the Indian Space Research Organisation.
The Cabinet on Wednesday approved participation of the private sector in the entire range of space activities, including planetary exploration missions. Sivan, however, added that ISRO’s activities are not going to reduce and it will continue to carry our space-based activities including advanced research and development, inter-planetary and human space flight missions.
The ISRO chief said: “The government has approved the establishment of an autonomous nodal agency – Indian National Space, Promotion & Authorisation Centre – for taking independent decisions with respect to permitting and regulating the activities of private companies in space sector. “It will act as a national nodal agency for hand-holding and promoting private sector in space endeavours and for this ISRO will share its technical expertise as well as facilities.
