What Happened
Legislation Essential for Private Sector Participation and Regulatory Clarity
India’s space industry is expanding rapidly, with private companies investing in satellites, launch vehicles, and other space systems. However, the sector lacks a comprehensive Space Act, which is essential for providing legal support and regulatory clarity. The government has been working on a draft Space Activities Bill since 2017, but it has yet to be enacted. The Indian Space Policy 2023 and IN-SPACe’s norms provide a framework for private participation, but they are not a substitute for legislation. According to The Times of India, the absence of a Space Act raises questions about the powers of the regulator, liability, and insurance, which could impact the sector’s growth and competitiveness.