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Significance of Transfer Of IN- Orbit Communication Satellite Recently the union cabinet approved the transfer of 10 in-orbit communication satellites from the government of India to NewSpace India limited. NSIL is a public sector enterprise under the administrative control of the Department of Space. The Indian government has also approved increasing the share capital of NSIL from Rs1000 crore to Rs 7500 crore. SIGNIFICANCE It will provide the desired financial autonomy to the
14 June, 2022 
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