Earlier, in reply to a question in Lok Sabha<\/a>, Singh said in order to promote and encourage public-private-participation projects and start-ups, a central PSU called \"NewSpace India Limited<\/a> (NSIL)\" has been established.
He said a single-window nodal agency \"Indian National Space Promotion and Authorization Centre (IN-SPACe<\/a>)\" 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<\/a> 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.<\/body>","next_sibling":[{"msid":97752079,"title":"IONOS shares slip after icebreaker IPO","entity_type":"ARTICLE","link":"\/news\/ionos-shares-slip-after-icebreaker-ipo\/97752079","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":97752166,"entity_type":"ARTICLE","title":"India launched 353 foreign satellites since 2014: Govt","synopsis":"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.","titleseo":"telecomnews\/india-launched-353-foreign-satellites-since-2014-govt","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2023-02-09 07:57:17","lastupd":"2023-02-09 07:59:01","breadcrumbTags":["satellite launches","jitendra singh","lok sabha","foreign satellite launches","newspace india limited","satcom","Industry","IN-SPACe"],"secinfo":{"seolocation":"telecomnews\/india-launched-353-foreign-satellites-since-2014-govt"}}" data-news_link="//www.iser-br.com/news/india-launched-353-foreign-satellites-since-2014-govt/97752166">