Govt reviews steps for upskilling & increase womens' participation in MSME sector (See 'Corp Brief') PM Vishwakarma Scheme - holistic support for artisans of 18 traditional trades; 23.09 Lakh beneficiaries trained (See 'Corp Brief') Govt notifies DPDP Act & Rules thereof; simplified framework for startups & data fiduciaries (See 'Corp Brief') SARFAESI - as per Sec 15 of the Act, if borrower's management is taken over by secured creditor, the management may be restored upon full repayment of debt: HC (See 'Legal Desk') Afforestation, ecological restoration - coal mining cos steps to ensure ecological balance (See 'Corp Brief') Competition Act - allegations primarily concerning contraventions of the Companies Act or Ministry of Youth Affairs and Sports directives, do not relate to anti-competitive conduct or violation of the Act: CCI (See 'Legal Desk') RBI issues guidelines for banks to provide customer services in regional languages (See 'Corp Brief') IBC - If bank has released approved payments from TRA account operated by them, then bank was monitoring these transactions during entire CIRP: IBBI (See 'Legal Desk') Govt releases Credit Assessment Model for MSMEs to enhance digitally driven loan appraisal (See 'Corp Brief') IBBI - Cannot be expected to maintain information with respect to other laws outside its purview: IBBI (See 'Legal Desk') Govt's aid measures for MSMEs - TReDS, Rs 9000 Crore infusion (See 'Corp Brief') Indian media & entertainment sector to maintain growth despite AI disruption: Secy (See 'Corp Brief') PBPT - Transactions are rightly deemed benami u/s 2(9)(D) of PBPTA, where person who provided consideration for properties was not traceable: SAFEMA Tribunal (See 'Legal Desk') Sustainable coal mining - Govt simplifies approval for geological exploration & reports (See 'Corp Brief') Benami - Benami transaction is considered not only in case of transfer of property by beneficial owner for his ultimate benefit in future, but even if such properties is held by benamidar: SAFEMA (See 'Legal Desk') IITF-2025 - FCI Pavilion showcasing modernised foodgrain management bags bronze medal (See 'Corp Brief') Copyright Act - Police have jurisdiction to register FIR u/s 33EEC of the Drugs and Cosmetics Act in conjunction with cognizable offence under Copyright Act; registration of copyright not mandatory for criminal proceedings upon infringement: HC (See 'Legal Desk') VO Chidambarnar port receives first Clinker vessel following MoU with Ambuja Cement Ltd (See 'Corp Brief') PMLA - Sweep of Sec 5(1) is not limited to accused named in criminal activity relating to scheduled offence, but shall apply equally to person who is involved in any activity connected with proceeds of crime: SAFEMA (See 'Legal Desk')

Space Technology revolutionizes governance, agriculture & Defence: MoS

Published: Mar 10, 2025

By TIOLCorplaws News Service

NEW DELHI, MAR 10, 2025: UNION Minister Dr. Jitendra Singh has said that India's Space technology is no longer confined only to the launch of rockets, but is also playing a major role in revolutionising governance by supplementing transparency, grievance redressal and citizen participation. In the process, there is reduced scope of corrupt practices, more discipline in observing timelines and less of so called red tapism, he added.

Addressing the "Good Governance' Conclave organized by 'Indian Institute of Democratic Leadership', the Minister underscored the growing significance of India's space sector as an attractive avenue, not only for  startups and livelihood generation but also for  transforming the governance practices.

Emphasizing Prime Minister Narendra Modi's leadership, Dr Jitendra  Singh explained how space technology is playing a pivotal role in bringing ease of living for common citizens through good governance.

In his inaugural address, Dr. Jitendra Singh captivated the audience by showcasing how India's space capabilities have expanded far beyond rocket launches. He revealed that space technology has now become integral to every Indian household, powering various governance services enabled by satellites from the Department of Space.

Calling Space Tech: A Pillar of Governance and Empowerment, Union Minister of State (Independent Charge) for Science and Technology, Minister of State (Independent Charge) for Earth Sciences, MoS PMO, Department of Atomic Energy and Department of Space, MoS Personnel, Public Grievances and Pensions highlighted several governance models enabled by space technology, including the transformative "Swamitva Yojana". This initiative, which leverages satellite mapping for land record management, has empowered citizens by eliminating the need for reliance on revenue officials for land record verification.

Dr Jitendra Singh pointed out that space technology also plays a critical role in national defense, border surveillance, and geopolitical intelligence, contributing significantly to India's security.

The Minister also emphasized space technology's role in India's agricultural sector-one of the major pillars of the economy-stating that it has become an invaluable force multiplier in improving decision-making, weather forecasting, communication, disaster preparedness, early warning systems, urban planning, and security.

Dr. Jitendra Singh proudly noted that India's neighbouring countries increasingly depend on India's satellite systems, further strengthening India's position as a regional space leader.

Addressing India's growing stature in global space exploration, Dr. Jitendra Singh remarked, "Gone are the days when we used to take the lead from others. Now, India sets the cue for others to follow." He cited the successful Chandrayaan-3 mission, which made India the first nation to reach the southern pole of the Moon, as a prime example of India's leadership in space technology.

The Union Minister credited Prime Minister Modi's vision and bold steps in opening the space sector for private sector participation. He pointed to the National Space Innovation and Applications (NSIL) and In-SPACe, which have fostered collaboration between the government and non-government entities, driving India's space economy to USD8 billion. Dr. Singh projected the space sector to surge to USD44 billion in the near future, marking a nearly fivefold growth.

Dr. Jitendra Singh shared a testament to the government's commitment to space development: India's space budget has tripled from 5,615 crores in 2013-14 to 13,416 crores in the recent budget, a staggering 138.93% increase. Additionally, ISRO recently celebrated its 100th satellite launch with the NAVIC satellite, a key milestone in India's space journey.

Dr. Singh also lauded India's burgeoning space startup ecosystem, noting that the first-generation space startups have now matured into successful global enterprises. The number of startups has grown from one to more than 300, positioning India as a key revenue generator in the global space market. India has launched 433 foreign satellites, with 396 of them launched since 2014 under Prime Minister Modi's leadership, generating USD192 million USD and 272 million Euros in revenue.

Turning the spotlight to future space missions, Dr. Singh shared India's roadmap for space exploration. He announced that trials for the Gaganyaan Mission, India's first human spaceflight mission, are set to begin with the ROBO Mission by the end of 2025. Four astronauts have been identified for the mission, with one already invited by the US to visit the International Space Station. By 2035, India aims to establish the Bharat Antariksh Station, and Dr. Singh boldly declared India's goal to send its first astronaut to the Moon by 2040.

Dr. Jitendra Singh also touched upon India's scientific advancements in AI, quantum technology, and bioengineering, solidifying the nation's position as a champion in space and other futuristic technologies. He reaffirmed India's commitment to climate goals, space debris surveillance, and capture technologies, reinforcing the country's role as a global leader in addressing climate concerns through space-based solutions.

With India's space sector growing at an unprecedented pace, Dr. Jitendra Singh's announcement paints a bold picture of India's future as a space powerhouse, driving innovation, economic growth, and global collaboration.

TIOL CORP SEARCH

TIOL GROUP WEBSITES