Indian pvt players can build and operate rocket launch sites

16

By Venkatachari Jagannathan
Chennai, June 26 |
India has decided to allow private companies to establish and operate rocket launch sites within and outside the country, subject to prior authorisation from the government.

Similarly, any rocket launch (orbital or sub-orbital) from Indian or overseas territory can be carried out only with authorisation from Indian National Space Promotion & Authorization Center (IN-SPACe), an independent body constituted by the Government of India, under the Department of Space (DOS).

The launch could be from own or leased launch site and also from mobile platforms (land, sea or air) as per the Draft National Space Transportation Policy-2020 brought out by the Department of Space.

“The Draft National Space Transportation Policy-2020 is comprehensive covering all aspects of rocket launching, launchpads, reentry of a space object and others, Srinath Ravichandran, co-founder and CEO Agnikul Cosmos told IANS.

The city based Agnikul Cosmos is developing a small rocket to launch small satellites into orbit.

“Policy is well made overall. Good, it allows for launches abroad and building our own launch sites,” Skyroot Aerospace’s Co-Founder and CEO Pawan Kumar Chandana told IANS.

Skyroot Aerospace is another small rocket maker.

As per the draft policy, IN-SPACe authorisation requires the financial guarantee or insurance cover by the proposer as part of its ownership towards fulfilment of nation’s liability as per international agreements.

In the case of launching from outside the territory of India, all approvals necessary for undertaking the scope of activities in another nation or territory shall be under the applicable laws of the concerned nation/territory.

The compliance and approvals of the administration controlling the territory from where the Launch is performed shall be ensured by the proposer and the proof of compliance/approvals shall be enclosed with the application for authorisation.

The IN-SPACe shall authorise the launch by the Indian Entity after verifying the clearances accorded by the Ministry of External Affairs or any other Ministry, if applicable and also the approvals obtained by the Entity from the administration/agencies controlling the territory from where the launch is planned.

The draft policy categorically states that IN-SPACe or the Union of India shall not have any liability related to launches performed outside of the territory of India.

According to the draft policy, the authorisation process shall ensure that the sharing of Government owned launch facilities shall not pose any constraint to the timely implementation of approved space programmes for societal development or safeguarding national sovereignty.

“The authorisation process shall ensure that there is no violation of noncommercial & space cooperation-linked launch agreements entered into with other countries,” the draft notes.

According to the Department of Space, it is essential to ensure that the independent launch activities undertaken by Indian entities are in accordance with relevant treaties and other international agreements due to the impact of such activities on public safety, domestic and global transport and in-orbit satellites.

Therefore, an authorisation mechanism needs to be in place to ensure compliance to the relevant regulations and safety requirements.

“The draft policy is comprehensive. Covers all aspects of space transportation such as launching, launchpads, re-entry and more. It makes it clear that this is a single window system. The IN-SPACe, is the nodal agency responsible for overall approval,” Agnikul Cosmos’ Ravichandran said.

According to him, the draft policy goes into specifics on what is required under each category for approval. This is very helpful as work can get started on how to meet these.

“However, it would be great if the government enables the sector with clear guidelines on liability and insurance as these are very important aspects yet very unclear. Also, timebound approvals are to be implemented for the benefit of the stakeholders,” Skyroot Aerospace Chandana added.

The draft policy states, globally, the participation of private agencies in providing launch services has increased and some of these agencies have become significant players in the commercial market for launch services.

India is also witnessing the emergence of a “New Space” wherein the private players in the space sector aim to tap the commercial potential of small satellite launch services by developing small satellite launchers for the global market.

The Indian players, who are engaged in the launch vehicle development, are also eager to leverage the national facilities already established by the Government.

The recent reforms announced by the Government towards unlocking the potential of the space sector in the country are expected to attract entrepreneurs to invest in cost-effective & quick turn-around space transportation systems commensurate with the significant global commercial launch services market, the Department of Space said.

(Venkatachari Jagannathan can be contacted at v.jagannathan@ians.in

Source: IANS

Next Story

PURPOSE FUELS YOUR PASSION: MUNISH MAYA

PURPOSE FUELS YOUR PASSION: MUNISH MAYA

Don’t get confused with your purpose and passion as both go well together

Passion as well as purpose both goes hand in hand. Purpose defines the passion in life. If you are passionate about something then there will be a purpose behind it. And if you feel that you are passionate about something but you are not able to find the purpose behind it then please do self-analysis. There is surely something that you are missing out on. Munish Maya in his Instagram post took out few minutes to write about Purpose and Passion, as he feels that it is an important topic to be discussed with everyone. Mr. Maya started writing his post by making a statement, “Many people confuse passion with purpose. Others struggle to find both.”

Self-analyzing is a very tough job and it’s completely natural to get confused. Solving this problem Munish Maya says, “Passion & purpose are distinct. Passion is the drive, the energy that makes us feel good. Like they say, ‘do what you love.” People follow their passion to live a stress-free life where they can enjoy whatever the work they are doing. It is well said, ‘Follow your passion and there will not be a single day when you will have to work.’ Whereas the most asked question in relevance to passion, ‘What is the purpose?’ is answered very well by Munish

Maya in his same post, “Your purpose is the reason, your ‘Why’ behind what you do.” 

Passion and purpose go hand in hand. Munish Maya says, “From over a decade, I experienced, learned, evolved & developed new passions. They have changed my life & perspective in a great way.” Passion serves the purpose of life. Munish Maya himself followed his passion when he realized that he cannot do a 9-5 profile job, and look at him now, he is the 1st Global Brand Ambassador of India. His passion leads him to define the purpose of his life. The only purpose of Munish Maya’s life is to serve people by guiding and enlightening them about their lives.

This confusion between passion and purpose is not for the lifetime. To which Munish Maya explained by saying, “But the sweet spot is where your passion & purpose align.

One fuels your internal drive while the other maximizes your outward impact.” When both purpose and passion start to align then you will start gaining success and positivity in life.

Munish Maya describes it more beautifully, “And in the path of manifestation, Purpose fuels Passion. By focusing on your purpose, you align your work with your deepest drive- your passion.” If you are passionate about something in your life, then the purpose of your life is served.

Next Story

CAT 2021 Registration Process to End on 15th Sep

CAT 2021 Registration Process to End on 15th Sep

CAT 2021: 6 days left to apply for this entrance Exam for admission into IIMs, IITs, FMS, MDI, SPJIMR and other top Business Schools.

IIM, Ahmedabad is going to close the CAT registration 2021 window on Sep 15, 2021. Going by trends however, they may extend the application date by another week or two.

The Common Admission Test (CAT) is scheduled to be held on Nov 28. The Indian Institute of Management Ahmedabad (IIM A), conducting the CAT exam 2021, will close the CAT 2021 registration on Sep 15. Candidates seeking MBA admission 2022-23, 2022-24 batch and interested in appearing for IIM CAT 2021 can fill up the CAT application form.

The CAT applications 2021 is available only in online mode at the official CAT website.  For completing the CAT registration process, candidates will have to pay a CAT application fee of INR 2200.00 for the general category and INR 1100.00 for the reserved category.

Only 7 days left to apply for the CAT Exam, it is the most popular management entrance exam of India. IIMs, IITs, FMS, MDI Gurgaon, SPJIMR, IMT Ghaziabad, XIM University, IMI Delhi, MICA, FORE School of Management, TAPMI, GIM Goa, LIBA, GLIM,  NIRMA, IFMR GSB, LBSIM and other top Business Schools accepting CAT Score. IIM Ahmedabad, IIM C, IIM Lucknow, XIM University, GLIM and other B Schools open applications for 2022-24 batch.

Select from 150+ MBA Colleges shortlist and Apply here,

CAT 2021 eligibility criteria

  • Academic qualification: Candidates should have a Graduation/ Bachelor’s degree in any stream from a recognized University/ Institute. Final year students are also eligible to apply for CAT 2021.
  • To be eligible for the CAT exam 2021, 50% marks (45% for SC/ ST/ PwD) in Graduation/ Bachelor’s degree was mandatory. However, due to the pandemic situation in the country, some changes have been made in this regard:
    • Candidates in the final year: Students with “promotion/ pass” instead of “award of marks” certificates in any of the last two years of the bachelor’s degree can enter the “Promotion or Pass” option in the CAT application form. It will allow the student to complete and submit the CAT 2021 application form. This eligibility relaxation is also applicable to those final year students with an “award” of marks.
    • Candidates graduated in 2020 and 2021: Due to the implementation of the above point, and considering that there could be different evaluation patterns adopted by different institutes/ universities across the country due to the COVID pandemic, the CAT committee has decided to remove the minimum percentage of marks criterion (50% and 45% [or equivalent CGPA] respectively) for the CAT 2021 exam.

About CAT 2021 The Common Admission Test CAT 2021 is a national level management entrance exam that is mandatory to take for admission into respective IIMs , IIT and over 1000+ B-schools across the country. CAT Exam 2021 will be conducted as a computer-based test in three sessions at over 420 test centres in 158 cities across the country. The CAT question paper comprises questions from Verbal Ability & Reading Comprehension (VARC), Quantitative Aptitude (QA), and Data Interpretation & Logical Reasoning (DILR). Students can expect the difficulty level of the CAT exam 2021 will be moderate to high.

Next Story

“Impact of Pandemic on Organisations” to be published in ‘Abhigyan’- peer-reviewed, journal of Foundation for Organisational Research and Education’ (FORE)

“Impact of Pandemic on Organisations” to be published in ‘Abhigyan’- peer-reviewed, journal of Foundation for Organisational Research and Education’ (FORE)

The outbreak of the Covid-19 pandemic has impacted organizations, industries, and businesses worldwide. It has applied a sudden brake on the organization’s function, compelling them to look for and adopt newer ways of survival. Organizations are also experiencing significant changes in personnel behaviors, which have further impacted organizational performance and outputs. It has led to the transformation of the working environment processes and procedures, communication and personnel relations, operational, and financial management, etc.

In response to the above, “Abhigyan which is a peer-reviewed, double-blind (refereed) quarterly Management Journal of the ‘Foundation for Organisational Research and Education (FORE), focusing on management and organizational research, is publishing a special thematic issue titled “Impact of Pandemic on Organisations” to record the effect of Covid-19 on the functions and activities of the organizations.

It shall cover original research articles and review studies related to sub-themes of challenges and opportunities for organizations, organizational performance management, impact on international students, government policies to help MSMEs, and unforeseen consequences of a pandemic on organizational development.

Abhigyan”, which has been published since 1983, provides an appropriate platform for readers across all domains for the exchange of ideas. In the present case, this issue with its focus on Covid-19 is intended to help the readers to have further awareness of the impact of the pandemic on various aspects of business and organizational management. It is hoped that this will be a welcome addition to the growing body of academic and organizational research on the post-Covid-19 business environment and help in finding ways and means to respond to the challenges emanating from it effectively.

LEAVE A REPLY

Please enter your comment!
Please enter your name here