Dept of Space gets control of 10 in-orbit satellites, purse increased from Rs 1000 cr to Rs 7500 cr
NewSpace India Ltd. (NSIL) will now be responsible for functioning and maintaining 10 in-orbit satellites. The transfer from the government of India to the company under the Department of Space was approved by the Cabinet during a meeting chaired by Prime Minister Narendra Modi. The union cabinet also gave its nod to…