Cabinet approves participation of private sector in space activities

The Cabinet on Wednesday approved participation of the private sector in the entire range of space activities, including planetary exploration missions, Union minister Jitendra Singh said.

The newly-created Indian National Space Promotion and Authorisation Centre (IN-SPACe) will provide a level playing field for private companies to use Indian space infrastructure, Singh, who is the Minister of State in the Prime Minister's Office, said.

The Department of Space comes under the PMO.

This centre will also hand-hold, promote and guide the private industries in space activities through encouraging policies and a friendly regulatory environment, Singh added.

The 'New Space India Limited (NSIL), a PSU under