Centre to introduce Commercial Space Activities Bill in Budget session

The Space Activities Bill will facilitate participation of non-governmental stakeholders in space activities

The Centre is likely to introduce a Bill to commercialise space activities in the budget session next year.

The government, responding to a question raised by Poonam Mahajan, said the Space Activities Bill 2017 aims to “facilitate the overall growth of space activities in India with higher order participation of public, non-governmental and private sector stakeholders.”

It will help the Centre establish a regulatory mechanism through an appropriate body to authorise and license space activities.

“The provision on liability for damages caused by space activities of licensee provides for a risk sharing mechanism, by which the Central Government may determine