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  • DAILY CURRENT AFFAIRS:Prime Minister Modi inaugurates IN-SPACe Headquarter in Gujarat

Prime Minister Modi inaugurates IN-SPACe Headquarter in Gujarat

Tags: National Science and Technology

Prime Minister Narendra Modi, inaugurated the headquarters of Indian National Space Promotion and Authorisation Center (IN-SPACe) at Bopal, Ahmedabad Gujarat on 10 June 2022.

TO encourage the greater participation of the Private sector in the Space programme the Union cabinet headed by the Prime Minister Narendra Modi approved the establishment of IN-SPACe in June 2020.  

The aim behind setting up this center was to enable private sectors to use the facilities of the Department of Space for greater participation of private players in space technology and related activities.

The premier Indian space agency, Indian Space Research Organisation (ISRO) comes under the Department of Space.

Function of IN-SPACe

  • It will be an autonomous nodal agency which will allow space activities and non-government private entities to use the Department of Space-related facilities.
  • IN-SPACe will be a facilitator, and also a regulator.
  •  It will act as an interface between ISRO and private companies, and assess how best to utilise India’s space resources and increase space-based activities.
  • It will be a single-window nodal agency that will permit and oversee Space activities including building of launch vehicles and satellites by the private companies using ISRO resources.
  • Through IN-SPACe, private companies will have access to technology, expertise, and facilities of ISRO either free, or at reasonable rates. 

Chairman of IN-SPACe: Pawan Kumar Goenka 

Why the need for INSPACe

  •  It is not that private companies are not involved in space projects. They are at present involved in the fabrication of rockets and satellites for ISRO. 
  • The main purpose of setting up INSPACe is to free ISRO to do its main job of research and development and also to capture a growing space market in the world.
  • The major demand in the world space market is of satellite-based services, and ground-based systems. Indian companies do not have the financial or technological capability to offer services like Space X of the United States do to capture this market.
  • Also the demand for space-based applications and services is growing within India, and ISRO with its current budget and resources is unable to cater to this. 
  •  Within India the demand for satellite data, imageries and space technology is growing across sectors like weather to agriculture to transport to urban development, defence etc. ISRO is unable to meet the demand.
  • With the help of ISRO in developing new technologies and use of its facilities the government hopes that in near future the Indian companies will capture a sizable market in the world and will also provide a boost to the domestic economy.  

Benefit to ISRO

  • ISRO is a purely a scientific research and development organisation and its main function is to concentrate on science, research and development, interplanetary exploration and strategic launches. With the participation of the private sector, it can now concentrate on its main function.
  • The Private sector will take over the commercial space based application business from ISRO and ISRO will be free to concentrate on its main function of research and development.
  • It can also earn additional revenue  by licensing its technology and facilities to the private sector 

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