ISRO will not be privatized: K Sivan
New Delhi : Indian Space Research Organisation ( ISRO) Chairman and Secretary in the Department of Space K Sivan on Thursday cleared the air from speculations which claimed that the Indian space agency is going to be privatized under major reforms announced by Central government in space sector.
Addressing a webinar, he claimed that recently announced reforms are not intended towards privatization of ISRO.
“When space sector reforms were announced by the government there were many misconceptions like it would lead to privatisation of ISRO. It is not. Again and again I’m repeating it is not the privatisation of ISRO,” Sivan said.
He mentioned that the only motive behind the freshly announced reforms is to allow private companies of doing space activities which are otherwise carried by ISRO.
K Sivan maintained that the reforms announced by Central government are likely to become major game changer in the space sector.
“In fact, the activities of ISRO are going to increase and ISRO will be able to better utilise its resources in taking up developmental as well as capacity building activities of the government, rather than the routine production activity,” he added.
The development comes after the central government on June 24 approved participation of the private sector in the entire range of space activities, including planetary exploration missions.