The MoU was signed by V. V. Srinivasan, Director, ISTRAC on behalf of ISRO and Dr D K Aswal Director, NPL, on behalf of CSIR.

The Union Minister for Science & Technology, Earth Sciences and Environment, Forest & Climate Change, Harsh Vardhan and Minister of State for Development of North Eastern Region (I/C), Prime Minister’s Office, Personnel, Public Grievances & Pensions, Atomic Energy and Space,  Jitendra Singh witnessed the signing of MoU.

With both, ISRO and CSIR-NPL signing an MoU, India is one step closer to having its own GPS system- Navigation with Indian Constellation (NavIC).The indigenous GPS system will be independent and free from the US clock system.The MoU will help the desi GPS sync with the Indian Standard Time (IST).

The step will help in making the desi GPS fully operational in the market for commercial purposes as time synchronisation is essential for all kinds of services – be it financial transactions, stock handling, digital archiving, time stamping, national security or prevention of cyber crimes.

“We can’t depend forever on the US-based National Institute of Standards and Technology (NIST). After signing the MoU, the space clocks will be synchronized to that of the Primary National Atomic Clocks at National Physical Laboratory and therefore will have independence,” said NPL director Dinesh Aswal.

Time synchronization is the key for a host of purposes, which include financial transactions, stock handling, digital archiving, time stamping, national security and prevention of cyber crimes according to the report. The move would also help in making the indigenous system operational in the market for commercial purposes.

“Though millisecond or micro second accuracy is sufficient for day-to-day activities, the ISRO needs accuracy up to nanoseconds level for navigation, surveillance and other national missions,” added Aswal.