Union govt approves Indian Space Policy 2023 to enhance role of Department of Space
The Union government has approved the Indian Space Policy 2023 on 6th April.
An overview of the news
The Union Cabinet also approved the revised domestic gas pricing guidelines.
Information and Broadcasting Minister Anurag Singh Thakur said, the price of natural gas should be 10 percent of the monthly average of the Indian crude basket.
This step has been taken to ensure stable pricing in the regime and to provide adequate protection to the producers from adverse market movements.
This would provide an incentive to increase production.
Indian Space Policy 2023
Its aim is to boost the country's space department's role and give a larger participation to research, academia, startups, and industry.
The policy sets out the roles and responsibilities of the Indian Space Research Organization (ISRO) and private sector entities.
The policy will enhance the role of India's Department of Space, promote research, education, start-ups and industry.
The policy is expected to provide a framework for the country's space sector for the next decade.
Within 3 years, the number of startups has reached 150 in ISRO.
India's progress in the field of space exploration
India has been making significant progress in the field of space exploration in recent years, with the successful launch of the Chandrayaan-2 mission and the development of the Gaganyaan mission, which aims to send astronauts into space.
The country is also working on developing its own satellite navigation system, the Indian Regional Navigation Satellite System (IRNSS).
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