Indian space sector - Opening up

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ISRO is leading the opening up of Indian space sector to private players

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 Indian space sector - Opening up

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  • The story: The chief of ISRO (Indian Space Research Organisation) K Sivan has said India will present a new foreign direct investment (FDI) policy for the space sector.
  • Where: He was talking at the CII on the "International Space Conference". He said India’s space FDI policy is getting revised and it will open huge avenues of opportunities for foreign space companies to invest in Indian Space Sector.
  • MoU with SKyroot: The Department of Space (DoS) signed a MoU with Hyderabad-based Skyroot Aerospace Pvt Ltd. This MoU enables the startup to undertake several tests and access facilities across the ISRO centres. It will also enable the Skyroot to avail technical expertise of ISRO in order to test and qualify their space launch vehicle systems and subsystems. Skyroot is an Indian private aerospace manufacturer and commercial launch service provider.  It is located in Hyderabad, Telangana. It was founded by former engineers and scientists from ISRO. The company was established with the aim of developing and launching its own series of small lift launch vehicles especially for small satellite market.
  • Private sector: The Union government has approved the proposal of bringing reforms in space sector in October 2020 and allowed the participation of private players. With this, ISRO released a new draft "Spacecom Policy 2020" in order to regulate the commercial use of satellites, ground stations for communication needs and orbital slots. This policy also enables private players to get authorisation of setting new communication satellites and ground stations.
  • Freeze on recruitments: In parallel, news came that ISRO was directed to put on hold the recruitment of scientific and technical personnel until further orders in the light of the space sector reforms initiated by the Central government. In a September 3 letter to the directors of the various ISRO centres, the Department of Space (DoS) stated that the manpower requirement in the scientific and technical categories was being reassessed in view of the sectoral reforms. The DoS decision was applicable to recruitments made via multiple modes, including direct recruitment by the centres, centralised recruitment and campus recruitments through the Indian Institutes of Technology (IIT). The centres have also been directed to cease the hiring of personnel on contract until further orders. The ISRO Staff Association strongly denounced the move to privatise the space sector. ( news reference - https://www.thehindu.com/news/national/kerala/isro-centres-told-to-stop-manpower-intake/article36446720.ece )
  • EXAM QUESTIONS: (1) Explain the changes that may arrive once Indian space sector is fully opened up for private sector. (2) Why was a freeze on recruitments in ISRO announced? (3) If large corporates enter space sector, will ISRO become another BSNL? Explain.
Read more on - Polity | Economy | Schemes | S&T | Environment

#ISRO #Privatisation #Sivan


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PT's IAS Academy: Indian space sector - Opening up
Indian space sector - Opening up
ISRO is leading the opening up of Indian space sector to private players
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