Prime Minister Narendra Modi on Monday launched Indian Space Association (ISpA).
It is an industry body that aspires to be the voice of India’s space sector. Underlining his government’s commitment to reforms, Mr Modi said that the country never had a more decisive government.
The PM also cited the government’s success in privatising Air India to assert that this shows its commitment and seriousness.
He also emphasized that the government’s policy about the public sector is that sectors, where it is not needed, should be opened to private enterprises.
Mr Modi also referred to the opening of a host of sectors from space to defence to private players. He asserted how his government has kept the national interests as well the needs of different stakeholders in mind.
PM Modi also said that his government’s approach to reforms in the space sector is based on the four pillars. These are allowing the private sector freedom of innovation, government playing the enabler’s role, preparing youngsters for the future and envisioning the sector as a resource to help the common man’s development.
The body named ISpA will undertake policy advocacy. Besides, engaging with all the stakeholders in the Indian space domain.