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NEW DELHI: Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh today informed the Rajya Sabha about the historic decision to “unlock” India’s Space to private sector. This move will, by implication, open up the Space sector to private players, for the first time in India.
In reply to a question, the Minister stated that Prime Minister Narendra Modi’s vision for Space technology is to unlock India’s potential in the Space sector, in order to transform skill, capacity and creativity to make the country self-reliant and technologically advanced. This historic decision also seeks to create opportunities for large scale employment generation in the Space sector.