• The provisions of this Act shall apply to every citizen of India and to all sectors engaged in any space activity in India or outside India
  • A non-transferable licence shall be provided by the Central Government to any person carrying out commercial space activity
  • The Central Government will formulate the appropriate mechanism for licencing, eligibility criteria, and fees for licence.
  • The government will maintain a register of all space objects (any object launched or intended to be launched around the earth) and develop more space activity plans for the country
  • It will provide professional and technical support for commercial space activity and regulate the procedures for conduct and operation of space activity
  • It will ensure safety requirements and supervise the conduct of every space activity of India and investigate any incident or accident in connection with the operation of a space activity.
  • It will share details about the pricing of products created by space activity and technology with any person or any agency in a prescribed manner.
  • If any person undertakes any commercial space activity without authorisation they shall be punished with imprisonment up to 3 years or fined more than ₹1 crore or both.