From Reliance’s grand plans to India’s space ambitions

6 days, 13 hours ago

India aiming to expand space assets to deal with future warfare: Sources

The Indian defence forces are working towards expanding their space-based assets and workforce to deal with future challenges. The Department of Military Affairs gave a detailed presentation on the preparations to the Defence Ministry earlier this month in the presence of service chiefs and key stakeholders from the Indian Space Research Organisation and the Defence Research and Development Organisation. The …

India Space Defence Significantly Expand

India to build Bharat Antariksha Station by 2035, to land an Indian on Moon by 2040: Union Minister Jitendra Singh

Live Mint

New Delhi, December 11 : India is set to achieve major milestones in space exploration with plans to establish its own space station, Bharat Antariksha Station, by 2035, and to land an Indian astronaut on the Moon by 2040, Union Minister of State for Science & Technology and Space, Jitendra Singh, announced on Wednesday. The minister also provided updates on …

India Space Indian Minister Singh Gaganyaan Bharat Antariksha Station

1 month, 2 weeks ago

New space law draft ready, to open for consultations by March

Live Mint

New Delhi: A fresh draft of India’s first dedicated space law is ready, said Pawan Goenka, chairman of nodal space regulator Indian National Space Promotions and Authorization Centre, a move that could make foreign investments easier in the nascent sector. The latest draft, prepared by the Department of Space, is expected to be thrown open for industry stakeholder consultations by …

Law India Space Industry Goenka Draft Read

1 month, 4 weeks ago

India Sets Up $119 Million Fund for Space Startups: A Step Towards Boosting Space Ambitions

Firstpost

India has approved a $119 million venture capital (VC) fund to support space start-ups in the country. The fund will provide capital to 40 start-ups over the next five years, with an average deployment amount ranging from Rs 10-60 crore. This fund is expected to have a significant impact on India's space ambitions, boosting the country's space economy and creating …

Science Law Technology Space New Delhi

Space Industry Gets a Big Boost with Rs 1,000 Crore Venture Fund

India Today

Indian space industry welcomes the Union Cabinet's approval of a Rs 1,000 crore venture capital fund for the space sector. This move is seen as a significant boost to the growing space startup ecosystem in India. The fund aims to support 30-40 startups initially, focusing on taking innovative concepts from ideation to commercialisation. It is expected to have a multiplier …

Business Science Law Technology New Delhi

3 months ago

Big boost to ISRO: Chandrayaan-4, Venus mission, Indian space station and next-gen launch vehicle get Cabinet nod

Hindustan Times

Chandrayaan-4, the next phase following Chandrayaan-3's successful lander and rover landing on the Moon, received approval from the Union Cabinet on Wednesday. The Cabinet also cleared the plan for the Venus orbiter mission, the development of an Indian space station, and the next-generation launch vehicle development, Union minister Ashwini Vaishnaw told a press briefing. After Moon and Mars, India to …

India Space Development Launch Indian Earth Station

3 months, 2 weeks ago

Reforms to strengthen Unified Pension Scheme

New Indian Express

On August 24, the Union cabinet approved the Unified Pension Scheme, a significant step towards providing government employees a secure and assured pension after retirement. Over the last few years, the opposition has highlighted the dissatisfaction of government employees with the National Pension Scheme, commonly known as the New Pension Scheme. First, assured pension of 50 percent of the employee's …

Government Employees Scheme Ups Nps Minimum Service Unified Pension

3 months, 3 weeks ago

Why did the Centre alter its pension plan?

The Hindu

The story so far: Last weekend, the Union Cabinet signed off on a major shift in the approach for providing old age income security to Central government employees, setting the stage for a new Unified Pension Scheme to be launched on April 1, 2025. There are five major components of the UPS benefits, starting with the assurance that government employees …

Finance Salary Benefits States Pay Commission Pension Employees

3 months, 3 weeks ago

NPS won't be rolled back, UPS is to improve it, no compulsion for states to adopt it: FM Nirmala Sitharaman

Hindustan Times

The Unified Pension Scheme is “not a compulsion for states” since they are capable of making their own decisions, Finance Minister Nirmala Sitharaman said on Tuesday, August 27, 2024, but added that she hoped most states would adopt it “as it has a lot of benefits for employees.” Union Finance minister Nirmala Sitharaman hopes most states would adopt the UPS …

Pension Ups Nirmala Sitharaman Nps Sitharaman

3 months, 3 weeks ago

Mint Sustainability Summit: Alternative energy firms grappling with uncertainties: Panel

Live Mint

As the Union government looks forward to a gradual shift towards renewables and sustainability, the green energy industry is gearing up to seize the opportunity with expansion plans. While the focus has mainly been on solar energy, companies equipped to provide alternative energy solutions, including wind, compressed biogas (CBGand green hydrogen, are grappling with uncertainties that may affect their future …

India Energy Sustainability Wind Mint Sustainability Summit Read Industry

3 months, 3 weeks ago

Unified Pension Scheme will not be rolled back, says government official in response to trade union demand

Live Mint

New Delhi: There will be no rollback of the new Unified Pension Scheme for central government employees, a senior government official said on Tuesday. This is a pension for central government employees, which is different from the pension system of the state government and the private sector.” ‘UPS an upgrade of existing NPS’ The UPS can be seen as an …

Pension Trade Union Scheme Ups Nps Gst Council Meeting Unified Pension Scheme

3 months, 3 weeks ago

Unified Pension Scheme: How does it differ from the Old and New Pension Scheme?

The Hindu

The story so far: Fulfilling a long-standing demand of government unions, the Centre on Saturday, unveiled a new ‘Unified Pension Scheme’ assuring government employees half their last drawn salary as a lifelong monthly benefit. The move is also a surprising rollback by the NDA government as it was the original NDA – the Atal Bihari Vajpayee government – which had …

Congress Pension Employees Pay State Fund Central

3 months, 3 weeks ago

Ecostani | Unified Pension Scheme, a moral victory for the Opposition

Hindustan Times

The Unified Pension Scheme approved by the Union government on Saturday — a mix of contribution and assured pension, to replace the New Pension Scheme, a wholly contributory mechanism — will provide some social security to government employees after retirement. The scheme, which is virtually akin to the Old Pension Scheme that NPS replaced in 2004, assures government employees 50% …

Rajasthan Congress Social Security Employees Opposition Bjp Central

3 months, 4 weeks ago

Unified pension scheme: T.N. government begins studying possible implications over UPS

The Hindu

Even as the Tamil Nadu government is awaiting full details of the Unified Pension Scheme, it has begun the preliminary task of studying possible implications in the event of the adoption of such a scheme in the State. As and when the government decides to implement the State-specific pension scheme, the political leadership would prefer to wait for an “opportune …

Pension Employees State Old Scheme Cps Nps

3 months, 4 weeks ago

State government replaces NPS with sweeter revised pension scheme

Hindustan Times

MUMBAI: Within 24 hours of the union government’s approval of the Unified Pension Scheme to replace the New Pension Scheme for its employees, the Mahayuti government approved the UPS for around 8.3 lakh employees in a cabinet meeting on Sunday. HT Image Around 1.4 million government and semi-government employees, including Class 1 officers, Class 4 employees and teachers, had threatened …

Employees State Government State Government Employees Scheme Nps Dearness Allowance

3 months, 4 weeks ago

'UPS Not A U-Turn, But An Improvement': Top Government Official Defends Unified Pension Scheme

News 18

As Opposition and opposition-ruled states plan to confront and defy the Centre on the Unified Pension Scheme, the government has reached out to them again to convince them that it would make financial prudence to adopt the UPS and abandon the Old Pension Scheme. So, it would, and I hope they realise it, make sense to switch.” “In fact, experts …

Pension Sen Scheme Ops Ups Parama Sen

3 months, 4 weeks ago

Maharashtra becomes first state to implement Unified Pension Scheme | DETAILS

India TV News

Maharashtra cabinet: The Maharashtra government, led by Chief Minister Eknath Shinde, has become the first in the country to implement the Unified Pension Scheme for state employees. Additionally, the cabinet cleared the Rs 7,000 crore Nar-Par-Girna river linking project, which is expected to primarily benefit the northern Maharashtra districts of Nashik and Jalgaon. Other major decisions taken by Maharashtra Cabinet …

Maharashtra State Crore Pti Scheme Ups Unified Pension

3 months, 4 weeks ago

Middle path: On the Unified Pension Scheme

The Hindu

The Centre has restored guaranteed pensions for its employees, meeting their demand halfway, and weakly trying to hold on to principles of fiscal prudence. Pension schemes around the world, whether contributory and market linked or underwritten by the exchequer, are facing a crisis, due to multiple factors, including demographic reasons. The Unified Pension Scheme, approved by the Cabinet, promises a …

Pension Scheme Nps

3 months, 4 weeks ago

Teachers’ Federation Rejects Unified Pension System

Deccan Chronicle

Hyderabad: The School Teachers Federation of India on Sunday dismissed the Centre’s newly introduced'Unified Pension System as being nothing more than a deceptive rebranding of the existing Contributory Pension Scheme. Although the new scheme guarantees 50 per cent of the salary as pension for employees who have completed 25 years of service and offers 60 per cent family pension for …

Employees Pension Scheme Pension System Teachers Federation

3 months, 4 weeks ago

What Is Unified Pension Scheme? See What Changes It Brings

ABP News

The Government of India on Saturday gave a nod to the Unified Pension Scheme for government employees. The UPS comes after the central government employees have been demanding changes in the new pension scheme. Unified Pension Scheme The latest scheme announced by the central government puts in place the provision of a fixed assured pension. New Pension Scheme All central …

Pension Employees Government Employees Scheme Ups Assured Unified Pension Scheme

3 months, 4 weeks ago

Top News: New Unified Pension Scheme to Be Implemented from 2025 | ABP News

ABP News

The Modi government has introduced a significant benefit for government employees by approving the Unified Pension Scheme. This new scheme aims to ensure guaranteed pensions, family pensions, and a minimum assured pension for central employees. Under the new scheme, pensioners will receive 50% of their average basic pay from the last 12 months before retirement, provided they have served for …

Pension Scheme Ups 25 Years 25 Abp

3 months, 4 weeks ago

Unified Pension Scheme: Who is eligible? What's the minimum amount? Explained

Hindustan Times

The union cabinet on Saturday approved a Unified Pension Scheme, which will benefit approximately 23 lakh government employees and will serve as an alternative to the National Pension System. Union minister Ashwini Vaishnaw briefed the media on the central government's new Unified Pension Scheme. Prime minister Narendra Modi, who chaired the meeting, posted on X saying, “The Unified Pension Scheme …

Pension Employees Government Employees Scheme Minimum Ups Unified

3 months, 4 weeks ago

New pension scheme to benefit central govt staff

Hindustan Times

The Union cabinet led by Prime Minister Narendra Modi on Saturday approved a new pension policy for nearly 2.3 million central government employees, unveiling a framework that will give assured 50% of basic pay as monthly payout, assuaging federal staff unions that had sought guaranteed retirement benefits. Modi had set up a panel led by cabinet secretary-designate TV Somanathan, the …

Pension Employees Government Employees Scheme Ups Nps Somanathan

3 months, 4 weeks ago

'Almost OPS’: Centre's Unified Pension Scheme Offers Big Bonanza For Central Employees

News 18

In a major decision marking almost a return to the Old Pension Scheme which had existed till 2003, the Narendra Modi government has launched the Unified Pension Scheme, conceding a major demand of central employees. The union cabinet cleared the Unified Pension Scheme on Saturday, saying, “UPS structure has elements of both OPS and NPS, and removes uncertainties of the …

Congress Pension Modi Scheme Ops Ups

3 months, 4 weeks ago

Union Cabinet approves assured 50% of salary as pension under Unified Pension Scheme

The Hindu

Union Cabinet on Saturday approved an assured 50% of salary as pension for 23 lakh government employees who joined service under the National Pension System. Announcing Cabinet decisions, Information and Broadcasting Minister Ashwini Vaishnaw said the Unified Pension Scheme announced that government employees will now be eligible to get 50% of the average basic pay drawn over the last 12 …

Pension Service Government Employees Cabinet Scheme Ups Nps

3 months, 4 weeks ago

Unified Pension Scheme: Key features and benefits for retirees explained

Hindustan Times

The Union Cabinet has approved a major reform in the pension system by introducing the Unified Pension Scheme. The introduction of the Unified Pension Scheme comes in response to widespread demands from government employees for changes in the New Pension Scheme. Union minister Ashwini Vaishnaw outlined that the Unified Pension Scheme is built on five key pillar. "Following extensions consultations …

Pension Employees Government Employees Cabinet Ups Unified Unified Pension Scheme

4 months ago

First National Space Day marks Chandrayaan-3 success

Hindustan Times

The Indian Space Research Organisation on Friday celebrated the first-ever National Space Day, marking the anniversary of the Chandrayaan-3 mission that made India the first country to land a probe on the lunar south pole, in a grand event where the nation laid out its ambitious roadmap for space exploration for the next two decades which included plans for more …

Space Japan Indian Earth Mission Project Missions

4 months ago

National Space Day: Zerodha CEO Nithin Kamath bats for ’patient capital’ for space tech startups. What is it?

Live Mint

As India celebrates its first National Space Day, Zerodha CEO Nithin Kamath said it's a matter of pride that India has “many amazing homegrown space startups, like AgniKul Cosmos and GalaxEye, both from the Rain matter portfolio”. During this time, patient capital funds may offer additional support to investee businesses through follow-on funding to help accelerate their growth and increase …

India Space Startups Capital Patient National Space Day Patient Capital

5 months ago

Budget 2024: Centre allocates ₹1000 cr venture fund to boost space economy ‘five-fold in next decade’

Hindustan Times

Union finance minister Nirmala Sitharaman on Tuesday announced the creation of a ₹1,000 crore venture capital fund in the Budget 2024 aimed at expanding the space economy “fivefold over the next decade”. The new venture capital fund is expected to stimulate private sector involvement in space activities, supporting startups and established firms in advancing innovative space technologies. News agency PTI …

Budget Indian Mission Moon Private Chandrayaan Space Economy

5 months, 1 week ago

Union Budget 2024: Space industry urges government for tax holidays, PLI scheme | DETAILS

India TV News

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget next week, the private space sector has outlined several key expectations. "More money for space-related acquisitions, tax holidays, import holidays, and PLI scheme for space," Pixxel Space co-founder and CEO Awais Ahmed told the media when asked about his wishlist for the budget. "ISpA calls for a commitment from …

Industry Tax Pti Sector Bhatt Space Budget

5 months, 1 week ago

Mahayuti government launches Warkari pension initiative

Hindustan Times

Mumbai: The Mahayuti government has announced a new initiative to provide pensions to senior citizens participating in the age-old tradition of Wari or Dindi pilgrimages to Pandharpur. Led by Chief Minister Eknath Shinde, the social justice department has established the ‘Mukhya Mantri Warkari Sampradaya Mahamandal’ to oversee this initiative. HT Image The corporation, headquartered in Pandharpur and backed by an …

Mahayuti Government Pandharpur Warkaris Warkari

6 months ago

NASA chief says U.S. and India to expand collaboration in space; to train Indian astronaut for ISS

The Hindu

NASA administrator Bill Nelson has said that the U.S. space agency will expand collaboration with India and it will include a "joint effort" aboard the International Space Station with an Indian astronaut. Mr. Nelson's comments came after a fact sheet issued by the U.S. and India after the iCET Dialogue between U.S. National Security Adviser Jake Sullivan and National Security …

Iss Doval Nasa Nelson Sullivan Effort Indian Space

6 months, 4 weeks ago

NASA will soon provide advanced training to Indian astronauts: Garcetti

ABP News

Washington, May 24 : NASA will soon provide advanced training to Indian astronauts, with the goal of mounting a joint effort to the International Space Station, a top American diplomat said Friday.ꪪ US Ambassador to India Eric Garcetti made these remarks while speaking at the "US-India Commercial Space Conference: Unlocking Opportunities for US & Indian Space Startups," hosted by the …

Space Indian Pti Nasa Usibc Indian Astronauts India Commercial

7 months ago

CS K.S. Jawahar Reddy Wants Toilets Built Linking MGNREGA to Swachh

Deccan Chronicle

Vijayawada: Chief secretary K.S. Jawahar Reddy on Tuesday instructed officials concerned to take up construction of toilets extensively by interlinking Mahatma Gandhi National Rural Employment Scheme, popularly known as the Upadhi scheme, with the Swachh Bharat Mission. “Summer is the right time to take up the Upadhi scheme works in the state,” he stated in a video conference with district …

Swachh Jawahar Reddy Upadhi

8 months, 3 weeks ago

ISRO’s role in India’s private space sector boom | Explained

The Hindu

April 03, 2024 12:53 pm | Updated 02:56 pm IST The story so far: As the Indian Space Research Organisation forays further into space with missions to the sun and the moon, with space telescopes, landers, and astronauts, the nation’s space sector is also expanding beyond ISRO. While production of launch vehicles, satellites, spacecrafts, and boosters was mainly handled by …

Hyderabad Vehicles Private Companies Companies Iss Centre Sector

9 months, 2 weeks ago

India targets massive increase in share of global space economy

Firstpost

The government’s emphasis on growing India’s space footprint is indicative of its dedication to promoting innovation and entrepreneurship in the field. The Indian space economy is anticipated to grow significantly in the upcoming years due to the government’s ambitious ambitions and growing private engagement Pointing out the recent increase in private investment in the space industry, the minister credited it …

India Space

9 months, 3 weeks ago

A new frontier for India’s space programme

Hindustan Times

Four decades after Rakesh Sharma reached space aboard the Soviet spacecraft Soyuz T-11, Gaganyaan, India’s maiden crewed space mission, is a step closer to lift-off. Often cited is Vikram Sarabhai’s statement in the 1960s that India doesn’t harbour “the fantasy” of competing with rich nations in space exploration, and that its space programme’s goals were fundamentally Earth-bound and utilitarian, focusing …

India Space Programme

10 months ago

The next frontier: On India’s space sector

The Hindu

Space used to be the final frontier but its increasing exploration has changed that, replacing a romantic notion with narratives with financial, socio-economic, and geopolitical implications. India started on this path in 2020 with state-led reforms that opened its space sector to private companies, then releasing the ‘Geospatial Guidelines’ and later the ‘Indian Space Policy’, creating the Indian National Space …

India Space

10 months ago

Centre announces 100% Foreign Direct Investment in Space sector, move expected to attract potential investors to Indian space companies

Op India

In a significant move, the Modi government has announced 100% Foreign Direct Investment in the space sector. The Union Cabinet approved the amendment in the FDI policy on the space sector dividing the satellites sub-sector into three different activities with defined limits for foreign investment in each such sector. The Centre stated that the proposed reforms will liberalize the FDI …

India Policy Space Indian Centre Sector Satellites

10 months, 2 weeks ago

What is Bharatiya Antariksh Station, India’s space station to be ready by 2035?

Live Mint

The Indian Space Research Organisation is working in a phased manner to set up India's first space station, to be called Bharatiya Antariksh Station, by 2035, Union Minister of Science and Technology Jitendra Singh said on Wednesday, February 7. In a written response to a question asked by MP Karti P Chidambaram, Jitendra Singh said, “Towards setting up the space …

India Space Station Isro Bas Bharatiya Antariksh Station Bharatiya

11 months, 2 weeks ago

India urgently requires universal pension plan, say senior citizens

The Hindu

In the absence of a social security scheme, India should urgently introduce a universal pension scheme to ensure economic security for its retired and elderly population. Stagnant pension sum According to Mr. Gangadhar, the government of India runs Indira Gandhi National Old Age Pension Scheme, and pays ₹2,000 per month to citizens above the age of 60 who are Below …

Bengaluru Elderly Pension Scheme Universal Pension India Urgently

1 year ago

Govt wants private sector to invest in space; companies wait to see commitment from govt

The Hindu

December 04, 2023 07:00 am | Updated 07:00 am IST - Bengaluru The global space economy is currently around $447 billion, according to estimates by McKinsey. However, despite the success of the Chandrayaan-3 mission and the introduction of aspace policy in April 2023, a host of factors seem to make investment in space sector a cautious prospect for private players. …

Policy Industry Indian Private Sector Iss Isro Private Participation

1 year ago

ISRO working on multiple targets but Gaganyaan is its immediate priority: S Somanath

Hindustan Times

The Indian Space Research Organisation is working on multiple targets but Gaganyaan, India’s first human space flight programme, is its immediate primary, the agency’s chairman S Somanath said on Wednesday. This is our immediate big-ticket target,” Somanath said on the sidelines of the 2023 Global Energy Parliament in Kolkata. Somanath said the agency plans to set up the first module …

India Indian Target Gaganyaan Somanath S Somanath Space Agency

1 year, 2 months ago

India’s space economy has potential to reach $44 billion by 2033 with about 8% global share

The Hindu

Indian National Space Promotion and Authorization Centre unveiled the decadal vision and strategy for the Indian space economy, on October 10. As per IN-SPACe’s projection, India’s space economy has the potential to reach ₹35,200 crore by 2033 with about 8% of the global share. Dr. Pawan Goenka, chairman, IN-SPACe said, “As we unveil the decadal vision for Indian space economy, …

Economy Space Vision Indian Share Crore Billion

1 year, 2 months ago

India to build its own space station in next 25 years: ISRO chief

Live Mint

The Indian Space Research Organisation proved its mettle with the success of Chandrayaan-3 and is working for a successful Aditya L1 mission. In the long run, India is planning to build its own space station, said ISRO chief S Somanath in an interview. After the success of Gaganyaan, India would be able to look at space station building in subsequent …

India Indian Space Station Station Isro Gaganyaan Human Space

1 year, 3 months ago

In Lok Sabha, Treasury and Opposition benches claim credit for India’s space success

The Hindu

A discussion in the Lok Sabha on September 21 to congratulate the Indian Space Research Organisation, space scientists and members of the scientific community for the success of Chandrayaan-3 mission also witnessed members of the Treasury and the Opposition benches claim credit for India’s space success. Union Ministers and BJP MPs asserted that the nation’s space story has seen a …

India Space Opposition Lok Sabha Nehru Lok Sabha Treasury Sabha Treasury

1 year, 3 months ago

India, US likely to send Indian astronaut to International Space Station next year

Hindustan Times

India and the US on Friday said they have started talks to put in place a strategic framework for human space flight by year-end as they plan to send an Indian astronaut to the International Space Station in 2024. "Determined to deepen our partnership in outer space exploration, ISRO and the National Aeronautics and Space Administration have commenced discussions on …

Technology India Research Indian Leaders Space Station Iit

1 year, 3 months ago

Chandrayaan-3 Success: Making a Case for Liberalising the Space Sector - News18

News 18

The day of 23 August was historic for India and the Indians. When the Chandrayaan-3, India’s third lunar exploration mission, was landing on the moon’s surface, the Indians were watching nervously across the width and breadth of India and around the globe. India’s moon mission has a budget of just 1 per cent of the one-year budget of NREGA, one …

India Space Budget Mission Sector Indians

1 year, 6 months ago

India, U.S. plan to send Indian astronaut to International Space Station in 2024: Biden

The Hindu

India and the U.S. are collaborating to send an Indian astronaut to the International Space Station in 2024, U.S. President Joe Biden said In Washington on Thursday after a meeting with Prime Minister Narendra Modi. Addressing the media after bilateral talks with PM Modi, President Biden said India and the U.S. were collaborating in nearly every human endeavour in delivering …

Space Exploration Indian Semiconductor Biden Official Modi Pm Modi

From Reliance’s grand plans to India’s space ambitions

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