●Indian National Space Promotion and Authorization Centre (IN-SPACe)
•Union Cabinet has approved the creation of IN-SPACe to provide a level playing field for private companies to use Indian space infrastructure.
•This is part of reforms aimed at giving a boost to private sector participation in the entire range of space activities.
•It will act as a single-point interface between Indian Space Research Organisation (ISRO), and everyone who wants to participate in space-related activities, or use India’s space resources.
•By the support of New Space India Limited (NSIL), It would endeavour to reorient space activities from a ‘supply driven’ model to a ‘demand driven’ one, thereby ensuring optimum utilisation of the nation’s space assets.
•These reforms will allow ISRO to focus more on new technologies, exploration missions and human spaceflight programme.
•New Space India Limited
•NSIL is a Central Public Sector Enterprise of the Government of India.
•It was established in 2019 under the administrative control of the Department of Space.
•NSIL is the commercial arm of Indian Space Research Organisation (ISRO) with the primary responsibility of enabling Indian industries to take up high technology space related activities and is also responsible for promotion and commercial exploitation of the products and services emanating from the space industry.
•NSIL is incorporated to carry forward the industry production of space systems and the ISRO’s efforts in realising Polar Satellite Launch Vehicles (PSLV) from industry.
•NSIL differs from ISRO’s existing commercial arm Antrix Corporation
•The main objective of NSIL is to scale up industry participation in Indian space programmes in comparison to IN-SPACe which gives emphasis on the participation of the private sector.