![Union Minister Dr Jitendra Singh addressing the inaugural session of the Union Minister Dr Jitendra Singh addressing the inaugural session of the](https://cdndailyexcelsior.b-cdn.net/wp-content/uploads/2023/07/page5-11.jpg)
Excelsior Correspondent
BENGALURU, July 6: Union Minister of State (Independent Charge) for Science and Technology, MoS PMO, Department of Atomic Energy and Department of Space and MoS Personnel, Public Grievances and Pensions, Dr Jitendra Singh said here today that with over 140 Space StartUps within a short span of time, India has gained sound footing and the entire world has begun to acknowledge India’s capabilities and her potential in Space Technology.
Addressing the inaugural session of the G20 4th edition of Space Economy Leaders Meeting (SELM) here today, Dr Jitendra Singh said, the credit goes to Prime Minister Narendra Modi who opened up India’s Space Sector to private players which has enabled a quantum jump in the last few years. Even though India began its Space journey several years later compared to some other countries, yet it is India today which is offering vital clues and inputs for the benefit of world’s leading Space agencies, he said.
The Minister pointed out that the very fact that during Prime Minister Narendra Modi’s recent visit to USA, Space related agreements comprised major component of the agenda is an indication that even the countries which claim to be pioneers in Space technology are today looking up to India for value addition in their Space related activities.
Dr Jitendra Singh said, global cooperation and alliances are vital in the light of growing ambition of humans to explore outer space. An alliance of responsible space faring nations for enhancing the share of space economy in the global economy is the need of the hour, he said.
“The future development of humanity lies in our collective ability to responsibly harness, pool resources and utilise space technology towards achieving sustainable development goals and improving the lives of common man,” said Dr Jitendra Singh.
“An alliance of responsible space faring nations for enhancing share of space economy in the global economy is the need of the hour, as rightly captured by the theme of this event. This aptly captures India’s G20 theme of “One Earth, One Space, and One Future” as we say in Sanskrit language ‘Vasudhaiva Kutumbakam’,” he added.
Welcoming the private partners and think tanks from across the globe, India’s S&T Minister hoped the SpaceEconomy Leaders Meeting of G20 countries will lead to convergence on use of space technologies to have a real and positive impact on the planet.
“Considering the fact that G20 countries along with partner countries represents the approx. 85% of global GDP, 75% of world trade and 2/3rd of world’s population, the decisions we take here will have a far reaching impact on the future of the space economy,” he said.
Dr Jitendra Singh said India has demonstrated the application potential of space technology during 6 decades of Indian space programme.
“Today, space has touched all walks of human life, including science & technology, telecommunication, agriculture, education, health, rural development, disaster warning & mitigation, studying climate change, navigation, defence & governance to name a few,” he said.
Heads of National Space Agencies, leaders of space industries of G20, Senior diplomats of G20 nations and invited countries and other dignitaries are attending the two-day Meeting.