All posts tagged: private space sector

India now has over 400 space start-ups, Govt tells Rajya Sabha

India now has over 400 space start-ups, Govt tells Rajya Sabha

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India’s space sector has witnessed measurable gains since June 2020, when space was opened to private players, with the number of space start-ups increasing from one in 2014 to more than 400 at present, and cumulative private investment crossing USD 600 million, the government informed Parliament on Thursday. In a written reply to a question in the Rajya Sabha, Union Minister Jitendra Singh said in 2026 so far, private investment worth USD 187 million has been reported and 105 authorisations have been issued to non-government entities (NGEs) as on July 7. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Government tightens ISRO resignation rules amid scientist exits

Government tightens ISRO resignation rules amid scientist exits

Published by Webster

The Department of Space (DoS) has tightened the rules governing resignations and voluntary retirement of Indian Space Research Organisation (ISRO) scientists and engineers working on mission-critical projects, amid reports that more than 100 personnel have left the country’s premier space agency in recent months. The move is aimed at ensuring continuity in strategically important programmes, including the Gaganyaan human spaceflight mission, future lunar exploration projects and advanced satellite missions. Department of Space issues new directive In a memorandum issued this week, the Department of Space directed major ISRO centres not to routinely accept resignation or voluntary retirement requests from Group ‘A’ scientific and technical personnel associated with national missions. The memorandum said the recent increase in exit requests has the potential to affect the execution of key projects. “Of late, it is noticed that there has been spate of requests for voluntary retirement and resignation from Group ‘A’ Scientific/ Technical personnel of ISRO including those associated with the prestigious Gaganyaan and other important missions/ projects severely impacting the implementation of projects of national importance,” the …