Space Bill draft to be put up for stakeholder consultation in Q1 of FY26, says IN-SPACe chairman

This bill is envisioned to cover international and national obligations, define offences and subsequent punishments, barrier of entry for private companies, and liability for damages caused. Pawan Goenka, chairman of IN-SPACe, said that the venture capital fund announced in the Union Budget for space startups will also become operational by the first quarter of the next fiscal year.