Projects for planetary exploration, outer space travel to be open for pvt sector: Govt

New Delhi: Future projects for planetary exploration and outer space travel will be made open to the private sector, said Finance Minister Nirmala Sitharaman in the fourth set of announcements on a mega stimulus package to help the economy amid the coronavirus crisis.

The new reforms in space sector include:

Since private players are coming in with innovative technology and space technology, the Centre will allow private players to benefit from Indian Space Research Organisation (ISRO) assets and give them a level-playing field to boost India's space sector.

Level-playing field for private companies in satellites, launches and space-based services.

Predictable policy and regulatory environment to private players.