Opening up space and nuclear sectors most unexpected decisions of Modi government: Minister Jitendra Singh
File photo: Space minister Jitendra Singh
NEW DELHI: Space minister Jitendra Singh said on Sunday that opening the space sector to private enterprises and this year's announcement allowing foreign investment in the nuclear sector are 'some of the most unexpected decisions made in the last 11 years under the leadership of PM Narendra Modi'.
On ushering in reforms, the minister said: 'Over the last 10 years, some of the most unexpected decisions made were not even demanded, like opening the space to the private sector and this year's announcement about the nuclear sector... When it was realised that to move on from where we were, we could not wholly depend on government sources and resources, PM Modi allowed us to bring in the private sector and the results have been phenomenal'.
About the space sector, Singh said: 'We were a minimal economy till about 4-5 years ago. Today the sector is worth $8 bn and the pace of its growth is so fast that in the next 8-10 years, we hope to grow five times more to $45 bn. Which means that in the years to come, India's space economy is going to be a very important component of its growth story..."
Under PM Modi's leadership, India is not just chasing the future—it's engineering it. 'With the Rs 6,003.25-cr National Quantum Mission, which involves 150+ scientists, and 43 top institutions, Bharat is boldly shaping the next frontier with Quantum technology, using Indian talent to make a global impact,' he pointed out.
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