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IN-SPACe
Indian Government has created Indian National Space Promotion and Authorization Centre (INSPACe) to boost private sector participation in entire range of space activities.
About IN-SPACe
It is the new entity of the Department of Space which will have its own chairperson and board.
It will regulate and promote building of routine satellites, rockets and commercial launch services through Indian industry and startups.
It will have its own directorates for technical, legal, safety and security, monitoring and activities promotion.
It will act as an interface between ISRO and private parties, and assess how best to utilise India’s space resources and increase space-based activities
It will function autonomously and parallel to ISRO. ISRO will remain the basic body that decides what missions are to be undertaken but INSPACe will help fill the gaps