Narayan prasad - Latest News Update, Information, Photos & Videos on Narayan prasad at Lokmat Times

Chennai, June 25 The proposed Indian National Space Promotion and Authorisation Centre (IN-SPACe) could be turned into the sectoral regulator once necessary legal structure are there, according to K. Sivan, Secretary of the Department of Space (DoS) and Chairman of the Indian Space Research Organisation (ISRO).On Wednesday the Union Cabinet, chaired by Prime Minister Narendra Modi, gave its nod for opening up the space sector and for setting up of IN-SPACe to promote private sector's participation.The IN-SPACe will also ensure a level-playing field for private firms to use Indian space infrastructure. It will hand hold, promote and guide the private industries in space activities through encouraging policies and a friendly regulatory environment.Speaking to , Sivan said, "We are on the job of getting ready the Space Activities Bill. It will define the space activities, liabilities and other aspects."According to Sivan, a new navigation policy is also being proposed. Suitable changes in the remote sensing data policy as well as SATCOM policy are on the anvil to align them to an open and inclusive space sector.Pointing out the role envisaged for IN-SPACe and the demand for a sectoral regulator, when queried whether the proposed body could be converted into the space sector regulator, Sivan said, "IN-SPACe could be turned into a regulatory body when the necessary laws and regulations are in place."Speaking to earlier, Narayan Prasad, Chief Operating Officer, satsearch said, "The best is to establish an independent regulator Space Regulatory Authority of India (SRAI) which will create a level-playing field for many of the emerging players."Establishing an independent regulator could allow a systematic review and reforms on a continuous basis rather than one-off announcements, Prasad said.According to Sivan, IN-SPACe will have its own directorates for technical, legal, safety and security, monitoring as well as activities promotion for assessing the private sector's needs and coordination of the activities.IN-SPACe would have a board and representatives from industry, academia and the government, Sivan said."Initially, IN-SPACe will be manned by people from the existing space setup. Later, people from outside will be taken in. It will have its funds from the budgetary allocations for the DoS. The new body may not need big financial allocations," Sivan said.No estimataion on the private investment the sector will attract after the opening-up has been done. "We will have an industry meet with the private sector in two weeks. Then we may get an estimate on investment potential," he said.Stressing that the ISRO's importance will not diminish with the entry of IN-SPACe, Sivan said all the existing centres - manufacturing, services, rocket launch centres - would continue to be with the ISRO."The ISRO will be involved in research and development in advanced technologies, human space missions. It will also share its technological expertise with the private parties. The proposed new body will not disturb the existing ones. It will be another autonomous body," Sivan said.On the impact of Covid-19 on the ISRO launch missions, Sivan said, "All our missions were affected. The actual impact will have to be studied once the situation improves. The private industries manufacturing items for the ISRO were not functioning due to the lockdown. Our own officials were not able to travel."( With inputs from IANS )

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Narayan PrasadFOLLOW

Narayan prasad, Latest News

National :Feted in Bihar House, Patna rickshaw-puller a pro at mimicking VIPs, stars

Patna, Aug 28 The world lives on hope... At a time when stand-up comedy and stand-up mimicry have ... ...

National :MDL delivers 4th Scorpene Submarine 'Vela' to Indian Navy

Mumbai, Nov 9 The Mazagon Dock Shipbuilders Ltd. (MDL) on Tuesday delivered the fourth Scorpene Submarine of Project ... ...

National :MDL delivers first 'Project 15B Class Destroyer' ship to Indian Navy

Mumbai, Oct 31 The Mazagaon Dock Shipbuilders Ltd (MDL) has delivered the first ship of the 'Project 15B ... ...

Politics :Common man has become used to fuel price rise: Bihar minister

Patna, Feb 19 Bihar Tourism Minister Narayan Prasad on Friday said that common people have become habituated to ... ...

Technology :IN-SPACe could be sectoral regulator once laws are in place: Sivan

Chennai, June 25 The proposed Indian National Space Promotion and Authorisation Centre (IN-SPACe) could be turned into the sectoral ... ...