ISRO to enable private players for space activities on govt guidelines

ISRO to enable private players for space activities on govt guidelines

Agency News

New Delhi, May 17: The Indian Space Research Organisation (ISRO) on Saturday said that the department of space will follow the government guidelines and enable the private players in the sector to carry out the space activities in country. The space agency said this on late Saturday evening following the government's announcement about the structural reforms related to the mining, discoms, defence, air space sectors, space and atomic energy sectors and others. Hours after Finance Minister Nirmala Sitharaman announcing the structural reforms in the policies of these sectors, the country's space agency taking to twitter said, ''Department of Space will follow Government guidelines and enable Private players to carry out space activities in the country.''

Boosting private participation in Space activities, the government will provide predictable policy and regulatory environment to private players, Sitharman said.

Private sector will be allowed to use ISRO facilities and other relevant assets to improve their capacities, she added.

Union Minister Nirmala Sithraman on Saturday announced structural reforms in coal, mining, defence, air space management, power, social infrastructure, space and atomic energy sectors, focussing on policy reforms for attracting foreign investment and to fast-track efforts towards 'Aatmanirbhar Bharat'.

Sitharaman said, ''Structural reforms are the basis of today's announcements. These will be in horizons that will contribute to growth and employment possibilities.''

These are the eight sectors where structural reforms are being brought in for new horizons of growth, unleashing new investment, boosting production and creating jobs, she announced in her fourth tranche of self-reliant India. (UNI)