Abstract
“Unlocking the potentials of the Space Sector in India” under the Aatma Nirbhar Bharat initiative of the Government has ushered in many promising opportunities in India's space sector. This far-reaching Space Reforms initiative, promulgated by the Government of India in May–June 2020 will give a major fillip to private sector space industry, including the start-ups. Considering the Space Sector as one of the contributors to the expansion of industrial base and economic growth of the nation, the Government has opened the gateway for private entrepreneurs to take part in the entire range of space activities. As a sequel to this approach, Indian National Space Promotion and Authorization Centre (IN-SPACe) was created through a decision of the Cabinet on June 24, 2020, with the objectives of hand-holding, promoting, and guiding the private industries in space activities. Generally, a regulatory authority draws its power to regulate and manage its affairs through a substantive legislation. The establishment of the TRAI through Telecom Regulatory Authority of India Act, 1997 is a fine example. The rights and obligations of IN-SPACe as well as private entities that are proposed to be regulated by IN-SPACe must be cast in legal certainty. Situation warrants the enactment of a legislation on space activities in India. The Draft Space Activities Bill that is under consultation deserves due attention.
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