The Union Cabinet approved the Indian Space Policy 2023 on Thursday, which would strive to strengthen the function of the Department of Space, increase the operations of ISRO (Indian Space Research Organisation) missions, and increase the engagement of research, academia, startups, and industry.
“Prime Minister Narendra Modi took a decision to open the space sector for private participation. Today because of this within 3 years, the number of startups has reached about 150 in ISRO…,” said Union Minister Dr Jitendra Singh at a press briefing on Thursday. “Today Cabinet has approved Indian Space Policy 2023 which in brief would offer clarity to the role of each of these other components which have been set up to enhance the role of the space department, to give a boost to the activities of ISRO missions. To have larger participation between the research academia, startups and industry,” the Minister added.