A New Space Policy: Critical for the development of the Space Sector in India
Volume IV, Issue I, 2021
Since the launch of Sputnik by the Soviet Union in 1957, space capabilities have come a long way. The first rocket launch in India took place in 1963, and ISRO has now grown to be one of the world’s most developed space agencies. With the advancement in space technology, the law that governs space and activities carried out in outer space and other celestial bodies must be developed too. Several treaties like the Outer Space Treaty (1967), Liability Convention (1972), Registration Convention (1976), Rescue Agreement (1968), and the Moon Agreement (1984) were signed. India is a signatory to all five of these treaties but has ratified only four. Despite ratification, a comprehensive space policy that covers all aspects of these treaties has still not been enacted in India. With the growth and development of the space sector, many issues have emerged. In this paper, the author has made an intricate analysis of the issues faced by the space industry, scrutinized the existing space legislations meticulously and based on the same and has made a few recommendations on how a comprehensive space policy can be beneficial for India.
Keywords: Space Law, ISRO, Outer Space Treaty, Space Policy