Saturday, July 12, 2025
spot_img

India launched 353 foreign satellites since 2014: Govt

Date:

Share post:

spot_imgspot_img

New Delhi, Feb 8: India has launched 353 foreign satellites since 2014, earning the country foreign exchange, Union Minister Jitendra Singh said on Wednesday.
He said India earned 187 million euros from European countries and 39 million dollars from the US by launching satellites since the Modi government came to power in 2014.
Earlier, in reply to a question in Lok Sabha, Singh said in order to promote and encourage public-private-participation projects and start-ups, a central PSU called “NewSpace India Limited (NSIL)” has been established.
He said a single-window nodal agency “Indian National Space Promotion and Authorization Centre (IN-SPACe)” has been established to promote non-government entities and to create an ecosystem for private companies in the space sector.
Singh said 135 applications have been received by IN-SPACe from non-governmental entities and start-ups in the space sector.
Responding to a question on start-ups in the sector, Singh said a new seed fund scheme has been approved by the IN-SPACe Board to provide initial financial assistance to Indian space start-ups.
Singh said a revised FDI policy in the space sector to facilitate overseas investment in non-government enterprises and a national space policy are in the process of final approval. Meanwhile, National Security Advisor Ajit Doval on Monday attended a security dialogue on Afghanistan in Moscow that also focused on the evolving regional security matrix.
Doval began his two-day visit to Russia on Wednesday. (pti)

spot_imgspot_img

Related articles

M’laya’s tax share surges 572% to Rs 48,883 cr in 10 years: FM

SHILLONG, July 11: Union Finance Minister Nirmala Sitharaman on Friday highlighted the significant increase in central financial support...

FM eulogises traditional Khasi wisdom

SHILLONG, July 11: Union Finance Minister Nirmala Sitharaman was all praise for the traditional wisdom of the Khasi...

Sitharaman lays base for projects worth Rs 1,400 cr

SHILLONG, July 11: Union Finance Minister Nirmala Sitharaman on Friday virtually laid the foundation for several key projects...