'Will follow govt guidelines & enable private players to carry out space activities': ISRO

Taking te of Centre's anuncement on Saturday, Indian Research Organization (ISRO) has stated that it will follow government guidelines and enable private players to carry out activities in country. dressing a press briefing on fourth tranche of 'Aatmanirbhar pack,' Finance Minister Nirmala Sitharaman anunced that Centre will open up sector to private players and link Indian start-ups to atomic energy development and research sector.

RE | Centre Rolls Out Structural Reforms In 8 Indian Sectors In Its Fourth Ecomic Tranche

Centre unveils fourth tranche

Unveiling fourth tranche of a massive stimulus pack pledged by Modi government to rescue Indian ecomy from devastating fallout of Coronavirus pandemic, Nirmala Sitharaman anunced structural reforms in eight sectors — 
coal, mining, aero, defence production, social infrastructure, power distribution in Union Territories, , and atomic energy.

RE | Sector Opened Up For Private Players, Start-ups To Enter Atomic Research: Sitharaman

"We need to decongest sectors for boosting ecomy and prepare for tough global competition. structural reforms being anunced today will impact those sectors which are new horizons of growth, unleashing new investment, boosting production, and creating jobs," FM Sitharaman said.

sector open for private players

In a game-changing move to boost private participation in exploration and research, Nirmala Sitharaman has anunced that future projects for planetary exploration, outer travel, etc will be open for private players. Private companies will be allowed to use ISRO facilities and or relevant assets to improve ir capacities.

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Finance Minister said Centre will provide a predictable policy and regulatory environment to private players. Liberal geo-spatial data policy will also be introduced for providing remote-sensing data to tech entrepreneurs. measures are expected to furr India's leap in sector.

"Indian private sector will be a co-traveller in India's sector journey. We will provide a level-playing field for private companies in satellites, launches & -based services," Nirmala Sitharaman said.

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