Published 21:21 IST, June 25th 2020

ISRO opens space to private sector, netizens launch hilarious memes

Following NASA’s footsteps, ISRO has now allowed private players in the space industry allowing them to participate in the building of rockets etc.

Reported by: Riya Baibhawi
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Following NASA’s footsteps, centre has w allowed private players in industry allowing m to participate in building of rockets, providing launch services amongst ors. In dendum, government also approved creation of a new body –Indian National Promotion and Authorisation Centre, or IN- — that would work as a link between ISRO and anyone who wanted to take part in -related activities or use India’s resources.

While ISRO chief K Sivan hailed cabinet’s decision to allow private industry participation in , many citizens took to Twitter to share ir opinion. Soon a meme fest broke out on Twitter with many pointing out to businesses who would apparently "race to make up satellites".

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'Main interested hoon' 

ISRO anunces reforms

Anuncing  first major reform, K Sivan said that IN- would act as a national dal ncy for handholding and promoting private sector in endeavours and that ISRO would be sharing its technical expertise with IN- & would help in setting up of facilities as per needs and feasibility. 

 second reform anunced by K Sivan focused on New India Limited (NSIL) and via it to re-orient activities from a ‘supply-driven’ model to a ‘demand-driven’ model, reby ensuring optimum utilization of our assets.

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Union Minister of State for Atomic Energy and , Jitendra Singh, anunced formation of a new institution – Indian National , Promotion and Authorisation Centre or IN-. He said Centre will guide private industries in activities through encouraging policies in a friendly regulatory environment. 

Re: ISRO's K Sivan Unveils Reforms For IN- & NSIL After Centre's Privatisation Push

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21:21 IST, June 25th 2020