India’s Space Economy and Policy 2023 Explained

Question

With regard to India's space economy, which of the following statements is/are correct?

  1. The Indian Space Policy 2023 aims to enable end-to-end participation of Non-Governmental Entities in all domains of space activities.
  2. NewSpace India Limited (NSIL) is the nodal agency for authorizing and promoting private sector space activities in India.
  3. A key challenge facing the sector is the underdeveloped commercial market for Earth Observation (EO) data due to low enterprise awareness.

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