IN-SPACe

Context:

The Prime Minister, Shri Narendra Modi inaugurated the headquarters of the Indian National Space Promotion and Authorisation Centre (IN-SPACe) at Bopal, Ahmedabad today.

The Union Government in order to increase the private sector participation has established this platform.
This will act as a common platform to both ISRO (Indian Space Research Programme) and any other entities who are ready to participate in the space sector in India.
This will also act as a guide and will encourage the domestic participation in the space sector.
This common platform would lead to a level playing field to the private sector to use the Indian space sector.
In this context it is also important to analyse one more institution established, that is NSIL – New Space India Limited.

NSIL is a Central Public Sector Enterprise (CPSE) wholly owned by Government of India.
This institute is headquartered in Bangalore.
New Space India Limited (NSIL) is considered to be the commercial arm of ISRO.
The main objective of NSIL is to pioneer the space based Indian industries in high end technologies.

In recent years ISRO has shown immense capacity in terms of adopting to the latest technologies.
Its achievements in its recent missions including Chandrayan II and Mangalyan has caught the attention of the world.
So by encouraging private sector into the Space sector, it would enable ISRO to concentrate on research and development.
The major challenge now the Space agencies across the world are facing is how to deal with space debris.
By encouraging private sector there will be boost to further launches into the space along with the challenge of clearing the space debris.

Source The Hindu