The new space association ISpA will act as a single-window and independent agency on matters related to space technology, Prime Minister Narendra Modi said on Monday.
The PM launched the ISpA virtually via video conferencing. ISpA will be a space and satellite companies’ industry association.
The government has a clear policy where it is opening up the majority of sectors to private players where minimum government intervention is required, he said.
PM Modi said there are four pillars of space technology – freedom for innovation in the private sector, a government which plays the role of enabler and not handler, preparing youngsters for the future and treating the space sector as a resource for the progress of the common man.
“This is the time for exponential, and not linear innovation. This is possible only when the government plays the role of an enabler, and not the handler. Today, the government is sharing its expertise, and providing launch pads for the private sector. The Indian Space Research Organisation (ISRO) is being opened for the private sector,” he said.
He also said the new Spacecom policy is in the last stages of finalisation.
“Aatmanirbhar Bharat” as a strategy will make India a global center of innovations which will be built on the country’s technological expertise.. It’s a strategy that will play a crucial role in global development of India. That is why today India’s regulatory regime is such that it prioritizes India’s national interests and stakeholders,” PM said.
ISpA aims to provide policy advocacy and will engage with stakeholders in the Indian space sector, including government and agencies to make India self-reliant in the space domain.