BEGIN ARTICLE PREVIEW:
With several space sector start-ups coming up in the country for making rockets, satellites, and others, the central government will come out with a policy for launch vehicles and rockets, space exploration, and also a comprehensive Space Act, said K. Sivan, Secretary, Department of Space (DoS) and Chairman, ISRO.
He said with the policies and law in place, the insurance sector can also get into this important field.
Sivan was speaking at the international space conference and exhibition titled ‘Ushering the new era in Indian Space Sector’ organised by Confederation of Indian Industry (CII) in association with Indian Space Research Organisation (ISRO), Antrix Corporation Limited and supported by NewSpace India Limited (NSIL).
On the legal and policy framework being planned with the government deciding to open up the space sector for private players, Sivan said a comprehensive Space Act and various policies are in the pipeline.
According to him, the government will come out with a new launch vehicle policy and a space exploration policy while the existing Satellite Communication Policy and Remote Sensing Data Policy are being amended to make it more transparent.
Sivan said the government will govern the space activities through policies for every line of activity …
END ARTICLE PREVIEW