in his remark PM said 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.

The post Reforms in the Space sector will help all : PM appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

India is among a handful of countries with advanced capabilities in the space sector. With these reforms, the sector will receive new energy and dynamism, to help the country leapfrog to the next stages of space activities.

This will not only result in an accelerated growth of this sector but will enable Indian Industry to be an important player in global space economy. With this, there is an opportunity for large-scale employment in the technology sector and India becoming a Global technology powerhouse.

Key Benefits:
Space sector can play a major catalytic role in the technological advancement and expansion of our Industrial base. The proposed reforms will enhance the socio-economic use of space assets and activities, including through improved access to space assets, data and facilities.

The newly created Indian National Space Promotion and Authorization Centre (IN-SPACe) will provide a level playing field for private companies to use Indian space infrastructure. It will also hand-hold, promote and guide the private industries in space activities through encouraging policies and a friendly regulatory environment.

The Public Sector Enterprise ‘New Space India Limited (NSIL)’ will endeavour to re-orient space activities from a ‘supply driven’ model to a ‘demand driven’ model, thereby ensuring optimum utilization of our space assets.

These reforms will allow ISRO to focus more on research and development activities, new technologies, exploration missions and human spaceflight programme. Some of the planetary exploration missions will also be opened up to private sector through an ‘announcement of opportunity’ mechanism.

The post Private sector participation in Space activities appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

The orbit of Vikram Lander is 104 km x 128 km. Chandrayaan-2 Orbiter continues to orbit the Moon in the existing orbit and both the Orbiter and Lander are healthy. The next de-orbiting manoeuvre is scheduled for Wednesday between 3.30 and 4.30 am (IST).The separation of the Vikram Lander from Chandrayaan-2 Orbiter took place on Monday at 13.15 pm (IST). 

The health of the Orbiter and Lander is being monitored from the Mission Operations Complex (MOX) at ISRO Telemetry, Tracking and Command Network (ISTRAC) in Bengaluru with support from Indian Deep Space Network (IDSN) antennas at Bylalu, near Bengaluru. All the systems of Chandrayaan-2 Orbiter and Lander are healthy.

As per the tentative plan, the powered descent will occur on September 7 followed by the Vikram Touch Down on the same day between 1.30 pm and 2.30 pm.The last manoeuvre of Chandrayaan 2 happened on Sunday evening. ISRO chairman Dr K Sivan has noted that the limits of the orbiter, lander, rover are in good condition.

It may be recalled that the fourth Lunar bound orbit manoeuvre for Chandrayaan-2 was performed successfully on Friday using the onboard propulsion system of the spacecraft. The duration of the manoeuvre was 1155 seconds.

Chandrayaan 2 was launched from Satish Dhawan space centre in Sriharikota in Andhra Pradesh by India`s heavy-lift rocket Geosynchronous Satellite Launch Vehicle-Mark III (GSLV Mk III) on July 22. The successful launch was carried out exactly a week after the ISRO had aborted the launch on July 15, just 56 minutes before the launch due to a “technical snag”.The mission includes four components: a GSLV Mk-III, an orbiter, a lander; and the small rover.

The post CHANDRAYAN 2 MOVES AHEAD appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.