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Hey I am on Medial • 10m

🔥 BJP Government Commits ₹1,000 Crore to Space Startup Fund 🔥 The government declared the allocation of ₹1,000 crore for a venture fund dedicated to space startups, underscoring its significant focus on the development of the space sector BJP Government also providing 1 crores internship to youth with the help of internship scheme and allocated 800 crores+ 🔥 Dr. Jitendra the Union Minister of State for Science and Technology, announced that this decision was made within the first 100 days of Prime Minister Narendra Modi’s third administration About four years back, as a revolutionary step, it was decided to open the space sector to private players. While New India Space Limited (NISL) was a new PSU established, IN-SPACe India was established as the interface with the private sector The impact has been significant, with the number of space startups skyrocketing from just a few to over 200 in a remarkably short time. "Not only this, some of India's space startUps are of world potential and are also among the first of their kind," the minister said, referring to India's first private rocket, Vikram-S

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India's space sector has witnessed a remarkable growth in the number of startups, increasing from just one in 2014 to nearly 200 by 2024. This surge is attributed to government reforms and increased private investment. By the end of 2023, approximate

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Mahendra Lochhab

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