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NEW DELHI: In a historic decision, the Union Cabinet on Wednesday decided to open the country’s space assets for all and approved setting up of a new space board called Indian National Space Promotion and Authorisation Centre (IN-SPACE).
Union minister Prakash Javadekar, while announcing a series of cabinet decisions, said the “Modi government has decided to open up space assets for all. It is a big decision”. Union minister of state for department of space Jitendra Singh said, “The new board IN-SPACE will provide a level-playing field to provide private companies to use India’s space infrastructure and it will also guide the private industry in space activities through encouraging policies and friendly regulatory environment.”
While explaining the new changes in the space sector, Jitendra Singh said the Indian Space Research Organisation (Isro) will continue to function and another recently formed public enterprise New Space India Ltd (NSIL) wi