Page 25 - NIS English 16-30 September, 2023

India on the Moon Cover Story

INDIA'S PARTICIPATION IN THE GLOBAL
SPACE ECONOMY WILL INCREASE

A study conducted in the year 2019 has revealed that
the global space economy is worth $360 billion in which
India's share is only two per cent. This is the reason why
the present central government has taken several steps
to increase India's share in the global space market
through the reforms undertaken in 2020, with the aim of
promoting the space sector in the country with greater
participation of Non-Government Entities (NGEs). India
has the potential to increase this share to 9% by 2030.
India aims to have a global share of
$50 billion in the space sector by 2025.

LIVE STREAMING IN SCHOOLS, COLLEGES
AND HIGHER EDUCATIONAL INSTITUTIONS

The central government has asked schools, colleges
and higher educational institutions across the country
to show a live telecast of Chandrayaan-3's landing on
the Moon. Higher Education Secretary Sanjay Murthy
has written a letter to the institute heads, saying, "India's
Chandrayaan-3 landing is a memorable opportunity,
which will not only foster curiosity but also ignite a
passion for exploration in the minds of our youth. This
will create a deep sense of pride and unity. We will
collectively celebrate the strength of Indian science
and technology. This will contribute to promoting an
environment of scientific research and innovation.”

desire to serve one's country is combined with more than 60 Indian private companies are now
the desire to learn about science, the results are leading the way.
unprecedented. There is no doubt that India's CELEBRATING THE ACHIEVEMENTS OF
scientific community will lead the country to the SCIENCE
status it has always deserved in the twenty-first In the scriptures, it is said, Jnanaam vijnanaam
century. The outcomes of the scientific approach sahitam yat gyatva mokshyase ashubhata. That
that India is taking today are also visible. In the is, when knowledge joins with science and we are
field of science, India is quickly becoming one of introduced to knowledge and science, the path
the world's leading countries. Until 2015, India to freedom from all the world's problems and
was 81st in the Global Innovation Index of 130 troubles opens up automatically. Science serves
countries, but in 2022, it has jumped to the 40th as the foundation for solutions, development, and
position. In terms of PhDs, India is now among innovation. Today's new India is moving forward
the top three countries in the world. Today, India with the call of Jai Jawan, Jai Kisan, Jai Vigyan,
ranks third in the world in terms of its start-up and Jai Anusandhan. However, if we look back
ecosystem. Because of space sector reforms,

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