<span style="color: #222222;">Cabinet meeting held under the chairmanship of Prime Minister Narendra Modi ratified the decision of boosting private sector participation in space sector in the country.<br />''<br />''Union Atomic Energy and Space Minister, Dr. Jitendra Singh informed that that government will constitute Indian National Space Promotion and Authorization Centre (IN-SPACE) for effective socio-economic usage of space technology.<br />''<br />''Dr. Singh added that, the Public Sector Enterprise, New Space India Limited (NSIL) will endeavour to re-orient space activities from a supply driven model to a demand driven model, thereby ensuring optimum utilization of our space assets.</span><br />''<br />