Lok Sabha Question No. 892 (UNSTARRED), answered on 2026-02-04
Subject: Space Insurance Ecosystem in India
Ministry: SPACE
Asked by: Shri Rao Rajendra Singh

## GOVERNMENT OF INDIA

## DEPARTMENT OF SPACE LOK SABHA

## UNSTARRED QUESTION NO. 892

## TO BE ANSWERED ON WEDNESDAY, FEBRUARY 04, 2026

## SPACE INSURANCE ECOSYSTEM IN INDIA

## 892. SHRI RAO RAJENDRA SINGH:

Will the PRIME MINISTER be pleased to state:

- (a) whether  the  Government  is  aware  that  space  insurance  in  India continues to be largely treated as sovereign function despite the increasing participation of private entities in the space sector;
- (b) whether the Government has taken note of the growing international emphasis on comprehensive satellite life-cycle management including mandatory end-of-life de-orbiting and debris mitigation obligations, if so, the details thereof;
- (c) whether  any  specific  regulatory  or  insurance-linked  provisions presently  exist  in  the  country  to  address  risks  associated  with satellite de-orbiting, space debris and post-mission disposal, if so, the details thereof; and
- (d) the steps proposed to be taken to promote a structured domestic space insurance ecosystem in the country including coverage for launch  risks,  in-orbit  failures  and  de-orbiting  obligations,  in  line with international best practices?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES & PENSIONS AND IN THE PRIME MINISTER'S OFFICE (DR. JITENDRA SINGH):

****

- (a) Different types of space insurance products are available and offered by Indian insurers in collaboration with global insurers, re-insurers, underwriters  and  brokers.  Therefore,  the  private  entities  are  free  to obtain the appropriate insurances for the space activity being undertaken by them.
- (b) Yes.  Recognising  the  growing  importance  of  Space  Situational Awareness  (SSA)  for  space  sustainability,  ISRO  System  for  Safe and sustainable Space Operations Management (IS4OM) has been established  to  focus  all  efforts  related  to  spaceflight  safety  and debris mitigation and for dealing with the emerging challenges in operating in a congested space environment.

ISRO  missions  adheres  to  the  internationally  accepted  space debris  mitigation  guidelines  recommended  by  UN  -COPOUS  and Inter-Agency  Space  Debris  Coordination  Committee  (IADC)  to  the maximum possible extent.

ISRO contributes substantially for shaping the pertinent guidelines and  recommendations  for  sustainable  use  of  space  as  an  active member of various international agencies dealing with safety and sustainability of outer space activities, such as IADC, IAA (International Academy of Astronautics), ISO (International Organization for Standardization), IAF (International Astronautical Federation), UN Long Term Sustainability Working Group.

- The  Indian  Space  Policy  places  significant  importance  in  space debris mitigation requirements and SSA capacity building. The Debris Free Space Mission (DFSM) initiative is also spearheaded  by  ISRO  with  an  aim  to  achieve  debris-free  space missions  by  all  Indian  space  actors,  both  governmental  and  nongovernmental, by 2030. The initiative aligns with global efforts for space  sustainability,  positioning  India  as  a  nation  prioritizing safety, security, and sustainability in outer space activities. (c) The private entities undertaking the space activities in the country are encouraged  by  the  Government  to  obtain  appropriate  and  adequate insurances to cover the risks associated with the activity. A draft 'Policy framework  and  guidelines  addressing  State's  Liability  towards  third party  damages  arising  due  to  Indian  Space  Objects',  is  presently undergoing various consultations, which envisages, among others, the third-party liability insurance to be maintained by the launch operators as one of the measures to cover the risk and the States' liability under the international treaties and conventions. (d) Different types of space insurance products are already available and offered  by  Indian  insurers  in  collaboration  with  global  insurers,  reinsurers, underwriters and brokers to the private or government entities. Considering the space activities being high valued capital intensive and risk  prone,  it  is  a  global  practice  that  the  insurers  and  re-insurers worldwide distribute the risks among themselves.

****