Thursday 28th of January 2021

Follow Us

Breaking News

PM Modi expresses hope that the country would soon become the manufacturing hub of space assets

 (FastMail) - Prime Minister Narendra Modi today interacted with key industries, startups and academia from the Space sector via video conferencing to encourage their participation in space activities.

 

The Union Cabinet led by the Prime Minister took the historic decision in June 2020 to open up the Space sector and enable the participation of Indian private sector in the entire gamut of space activities. With the creation of Indian National Space Promotion and Authorization Centre (IN-SPACe), the reforms will provide a level playing field for private companies and start-ups. Subsequently, several ventures have submitted proposals with IN-SPACe under the Department of Space. The proposals pertain to a vast range of activities including satellite constellation, small satellite launch vehicles, ground station, geospatial services, propulsion systems and application products.

 

Unlocking India’s potential in Space sector

 

Prime Minister thanked the participants for providing feedback about their experience so far. He said that the decision to unlock India’s potential in the Space sector has heralded a new age of public-private partnership in this sector. He assured the participants of complete and wholehearted support of the government in this endeavour. He noted that the professionalism and transparency in policies as well as the decision-making process of the government will prove beneficial for the companies joining the Space sector.

 

Taking note of the plans of companies to make rockets and satellites, the Prime Minister remarked that this marks a big change that will further strengthen India’s foray into the Space sector. He said that private investment in the sector will lead to the creation of hi-tech jobs, which will provide a host of opportunities to the talent pool in IITs/NITs and other technical institutions. He said that it is his firm belief that just like Indian talent has been able to attain worldwide fame in the IT sector, it will be able to do so in the Space sector as well.

 

 

 Going beyond Ease of Doing Business

 

Prime Minister underlined that the reforms in the Space sector are not limited to ensuring ease of doing business, but necessary mechanisms have also been put in place to ensure help for the participants at each stage, including making available testing facilities and launchpads. He said that through these reforms, the endeavour is not only to ensure that India becomes a competitive space market, but also to ensure the benefits of the space programme reach out to the poorest. He asked the participants to think boldly and work for the benefit of the society and the country.

 

Prime Minister underlined the significance of the Space sector in communication and navigation. He assured the participants that they will be co-passengers with ISRO in this age of space research and expressed hope that the country would soon become the manufacturing hub of space assets.

 

Active participants in the AatmaNirbhar Bharat Abhiyan

 

Dr K. Sivan, Secretary, Department of Space (DOS) and Chairman, ISRO, briefed the Prime Minister on various proposals received from industry for obtaining permission from IN-SPACe and support from the Department of Space. He informed that more than 25 industries have already approached DOS for undertaking their space activities. 

Related India News

Covid-19 pandemic has taught us the importance of good ventilation and sunlight for our health – Vice President

 NEW DELHI:The Vice President, M. Venkaiah Naidu today said that Covid-19 pandemic has taught us the importance of good ventilation and sunlight for our health. He expressed his disapproval of the growing tendency of living in closed spaces and emphasized that proper air circulation must be ens....

Odisha : 8000 healthcare workers vaccinated in 93 session sites

 BHUBANESWAR:In Odisha, about 8000 healthcare workers were vaccinated in 93 session sites yesterday. The state has targeted to immunize 3.38 lakh healthcare and frontline workers during the first phase of the vaccination drive by the end of this month. AIR Odisha correspondent reports that on f....

Govt proposes to suspend new farms laws for one and a half years

NEW DELHI: The 10th round of talks between the Central Government and 41 farmers' Unions was held at Vigyan Bhavan in New Delhi yesterday. The meeting was attended by Union Agriculture Minister Narendra Singh Tomar, Commerce and Industry Minister Piyush Goyal and Minister of State for Commerce and I....

PM,Vice President extend best wishes to Joe Biden, Kamala Harris

 New Delhi:Vice President M Venkaiah Naidu has congratulated and extended best wishes to new US President Joe Biden and Vice President Kamala Harris. He said, India-US ties are based on many shared values and expressed confidence that the partnership between the two nations will get further cem....

Surat Accident : 15 Rajasthan Workers Crushed To death Under Wheel Of Truck In Gujarat's Surat

 Surat, Jan 19 (FASTMAIL) –Atleast  fifteen workers from rajasthan died after being crushed by the wheel of a dumper truck while they were  aslept in the cold night. The dead included six men, seven women and a one-year-old child. Six more workers were seriously injured in the a....

Links
Contact
Editor :
Jagadananda Pradhan
Email :
fastmailcc@gmail.com
news@fastmail.news
Ph : (+91)6764295999
Contact Us
© 2021 Fast Mail Media Pvt Ltd. All Rights Reserved.
Developed by : FM Media Pvt Ltd.