EDEN IAS

CABINET APPROVES TRANSFER OF 10 IN-ORBIT SATELLITES TO NSIL

UPSC CURRENT AFFAIRS | CABINET APPROVES TRANSFER OF 10 IN-ORBIT SATELLITES TO NSIL | 10TH JUNE | INDIAN EXPRESS

SYLLABUS SECTION: GS III (SCIENCE AND TECHNOLOGY)

WHY IN THE NEWS?

Recently, Union Cabinet approves transfer of 10 in-orbit satellites to NSIL from the government of India to NewSpace India Ltd (NSIL).

  • NSIL is the commercial arm of the Indian Space Research Organisation (ISRO) CABINET APPROVES TRANSFER OF 10 IN-ORBIT SATELLITES TO NSIL.

OTHER APPROVALS AND ITS SIGNIFICANCE:

  • The Cabinet also approved increasing the authorized share capital of NSIL from ₹1,000 crore to ₹7,500 crores.
  • It will provide the desired financial autonomy to the company to realize capital-intensive programs or projects
  • It will help in offering huge employment potential and technology spin-off to other sectors of the economy.
  • This approval will trigger domestic economic activity in the space sector and increase India’s share in the global space market.

NewSpace India Ltd (NSIL)

  • New Space India was found in 2019 as a public sector undertaking.
  • NSIL has launched 46 international customer satellites under commercial arrangements.
  • It has also signed four dedicated launch service arrangements for international satellite customers for launches this year.
AREA OF WORKING:
  • Commercially exploit the research and development work of the space agency.
  • Co-produce Polar Satellite Launch Vehicle (PSLV)
  • Launch satellites through Small Satellite Launch Vehicles (SSLVs)
FUTURE PROJECTS:
  • It is working on commercializing high throughput satellite (HTS) capacity on satellites including GSAT-11 (geosynchronous satellites), GSAT-19, and GSAT-29.
  • NSIL is also working to provide mission support services to satellites and launch vehicle tracking.
  • In the coordination with international ground station operators and satellite owners.
  • Relaxation on export restrictions: The guidelines permit the export of maps with resolutions up to a 1:100 resolution thereby relaxing the previous threshold of 1:250000.

 

KEY SUPPLY SIDE MEASURES/REFORMS IN SPACE & GEOSPATIAL SECTOR

 

·         Liberalizing the traditional Satellite Communication and Remote Sensing sectors for increased private sector participation.

·         Guidelines for the creation, acquisition, and use of geospatial data, including maps: Geospatial data was previously heavily regulate and require licenses to be obtaining for the use of such data. Now the guidelines have been liberalizing:

Introduction of self-certification regime: All entities are now required to follow a self-certification process to show adherence to the guidelines, as opposed to obtaining prior approval or licenses for the use of geospatial data and maps.

Relaxation of restricted areas: Mapping activities are prohibited only for specific attributes of highly sensitive locations, as opposed to restricted areas under the previous regime.

Open access to publicly funded data: The guidelines require all geospatial data produced using public funds, including data produced by the Survey of India, to be freely accessible to all Indian entities

Read more: UPSC CURRENT AFFAIRS

Source: Indian Express

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