Context: Recently, the Government of India approved the creation of a new organization called the ‘Indian National Space Promotion and Authorisation Centre (IN-SPACe)’.
About Indian National Space Promotion and Authorisation Centre (IN-SPACe)
- It will assess the needs and demands of private players, including educational and research institutions, and explore ways to accommodate these requirements in consultation with ISRO.
- It is a part of an important set of reforms to open up the space sector and make space-based applications and services more widely accessible to everyone.
- It will be aimed at ensuring greater private participation in India’s space activities.
- It will act as an interface between ISRO and private parties, and assess how best to utilise India’s space resources and increase space-based activities.
- IN-SPACe is the second space organisation created by the government in the last two years.
- In the 2019 Budget, the government had announced the setting up of aNew Space India Limited (NSIL), a public sector company that would serve as a marketing arm of ISRO.
- NSIL’s main purpose is to market the technologies developed by ISRO and bring it more clients that need space-based services.