Question
Indian Space Policy, 2023 sets the stage for _________ participation in space industry.
The correct answer is
private sector
Indian Space Policy 2023 Focus
The Indian Space Policy, 2023, marks a significant shift in the country's space sector. Its primary objective is to encourage and enable greater participation from entities beyond government bodies.
Key Policy Direction
- The policy aims to liberalize the sector, opening avenues for commercial activities.
- It specifically seeks to foster innovation and growth by involving private companies.
- This aligns with the goal of making India a hub for space technology and services.
Therefore, the Indian Space Policy, 2023, sets the stage for substantial private sector participation in the space industry.
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