100% FDI will now be allowed in manufacturing of satellite components without need for govt approval. Up to 49% will be allowed automatically in launch vehicles and spaceports.
The FDI policy reform is expected to boost employment and will allow companies to set up manufacturing facilities in the country, the government said in a statement.
Having millions of young Indians enthusiastically engaging with science and technology is a huge return on investment on a mission like Chandrayaan-3. It will create several ripple effects.
Space entrepreneur Dr Susmita Mohanty pointed out that ISRO was repeating the same mistake that NASA made in 1960s, calling for initiatives to bridge the gender gap.
As luck would have it, India’s domestic policy matrix as well as the international space regulatory scenario are currently aligned with the geopolitical aims.
In order to expand India’s private sector success into the space industry, ISRO will have to provide knowledge support, says Chairman S. Somanath at Delhi event.
ISpA will support start-ups, and will work towards facilitating and enabling private players to work in tandem with ISRO, PM Modi said at the virtual event.
India's space sector, dominated by ISRO, has seen a boom in private companies in past 3 years. But there are still many challenges to overcome, including flawed policy-making.
Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities.
In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.
The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.
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