Indian Space Policy 2023

In news– The Union Cabinet has recently approved the Indian Space Policy, 2023.

About the policy-

The policy seeks to institutionalise and mostly facilitate the acess of private sector participation int he space sector for India.
The policy delineates responsibility to ISRO, New Space India Limited (NSIL, a space sector PSU), and Indian National Space Promotion and Authorization Center (IN-SPACe).
- NSIL: 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 demand-driven mode.
- INSPACe: this recently created agency 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 also encourages them to invest in creating new infrastructure for the sector.
It states that 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.
It also alllows the private sector to take part in end-to-end space activities that include building satellites, rockets, and launch vehicles, data collection and dissemination.