IN-SPACe Releases Norms, Guidelines, and Procedures for Indian Space Policy 2023
- 04 May 2024
On 3rd May 2024, Indian National Space Promotion and Authorization Centre (IN-SPACe ) unveiled Norms, Guidelines, and Procedures (NGP) for Indian Space Policy 2023, aimed at fostering increased private sector participation in space endeavors.
Key Points
- Facilitating Private Sector Participation: NGP outlines procedures for private companies to engage in various space activities, aligning with the policy's objective of expanding private sector involvement.
- Regulatory Clarity and Transparency: NGP enhances regulatory predictability and transparency, promoting ease of doing business in India's space sector, in line with government initiatives.
- Scope of Space Activities: NGP delineates authorized space activities, encompassing communication, ground systems establishment, and dissemination of earth observation data.
- Liability Management: Detailed provisions address liability concerns, including risks on ground, in air, and in outer space, with emphasis on third-party liability insurance for launch operators.
- Authorization Requirements: Indian entities conducting launches abroad require IN-SPACe authorization, while non-Indian entities establishing launch facilities in India must do so through local subsidiaries or partners.
- Regulatory Oversight: IN-SPACe, headquartered in Ahmedabad, serves as the regulatory authority for all government and non-government space activities since its establishment in October 2021.
- Promoting Collaboration: NGP encourages collaboration between Indian and non-Indian entities to leverage expertise and resources for advancing space exploration and technology development.