The government allowed private sectors to participate in Space activities

As per the latest updates, the Indian government will no longer control the space-related services. The chief of ISRO mentioned in a recent press conference that the private enterprises will manage the space researches. This is really a great initiative for India, which will take it to a higher level. Hopefully, the Indian researchers will now be able to execute several projects efficiently with the help of private companies. Are you willing to have an insight to the news piece? Then, make sure to go through the article. It has covered almost the vital points; hence, it will be a good read.

Statement of K Shivan

Last Thursday, K Shivan, the chief of ISRO stated that the private segments can influence the researches. Moreover, according to him, there will be a distinct section for the Department of Space to eye on the projects. The mentioned department will be responsible for providing all the necessary space services. Working on the infrastructure of the space building, rocket launching, satellite, etc. fall under the provided services.

Additionally, in his speech, he added that the authority has decided to incorporate improved measures for further researches. For that, the ISRO will arrange a separate space section in the private companies. According to K Shivan’s statement, the betterment of the space activities will develop the overall condition of India.

Union Minister Jitendra Singh’s report on the program

The developed Cabinet received approval for participating in the space events back on Wednesday. Jitendra Singh said that it is up for planetary exploration assignments. He further stated that the newly designed department will serve a level playing ground to the private enterprises. Consequently, those private companies can avail of the infrastructure of the Indian space.

However, the Department of Space has to follow the guidelines of PMO. He also added that the center will get the opportunity of guiding the private industries in the research programs. It can make use of encouraging strategies and a welcoming and friendly ambiance to do so.

Nevertheless, the Cabinet verdicts appear a few weeks after Nirmala Sitharaman, the Finance Minister made an announcement on its opening. A statement from the authorizing bodies upholds that the execution of the planetary exploration assignments will be opened. However, for that the private sectors need approval. Right now, it is the hot talk of the entire nation. For more science-related news, keep following us.