Space sector to grow 5x in next decade, says Union minister Jitendra Singh

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Times of India 4h ago

Space sector to grow 5x in next decade, says Union minister Jitendra Singh - Times of India

Quick Summary:

Union minister Jitendra Singh announced that India's space sector has attracted over Rs 1,000 crore investment recently, with space economy expected to grow five-fold to $44 billion.At the ETNOW.in Business Conclave, the need for updating Indian IT laws was highlighted, while Arunachal Pradesh governor emphasized the importance of strong border security, innovation, and infrastructure for attaining Viksit Bharat.

The key question is whether one comprehensive law or multiple specialised ones would be more effective.

This debate has been ongoing within the govt, and hope is that the current administration moves forward with either an omnibus law or a set of laws addressing critical issues like safety, harm, and misinformation.