When India allowed the private sector to enter the space industry, who held the position of Prime Minister
Question
When India allowed the private sector to enter the space industry, who held the position of Prime Minister?
Solution
India allowed the private sector to enter the space industry in May 2020. At that time, the Prime Minister of India was Narendra Modi. His government announced the policy that encourages private players to participate in various space-related activities, marking a significant shift in India's space policy. This initiative aimed to enhance innovation and investment in the space sector, allowing private companies to build satellites, launch vehicles, and provide services traditionally reserved for state-owned organizations like the Indian Space Research Organisation (ISRO). By inviting private sector participation, the government sought to boost the overall growth and development of India's space capabilities and increase competitiveness in the global space market.
Similar Questions
The first Indian women to go to spaceOptionsSmt Sarojini NaiduMs Kalpana ChawalaSmt Indira GandhiMs Shanti Tigga
How has the Chandrayaan program impacted India's standing in the global space explorationcommunity
what is needed in terms of policy and regulation to facilitate employment in the sector from a private sector point of view.
Q4. Why does the government involve private companies to provide some public facilities?
Describe the role of early entrepreneurs of India in the development of industries.
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.