CSIR, ISRO tie up for satellite navigation
New Delhi: The Council for Science and Industrial Research (CSIR) and the Indian Space Research Organisation (ISRO) have signed an MoU for exchanging time and frequency traceability to bring accuracy in satellite navigation and other ventures.
The CSIR is the custodian and mandated to maintain the Indian Standard Time (IST), and as per the memorandum of understanding (MoU), it will provide time and frequency traceability to the ISRO.
At national level, time synchronisation is essential for all kinds of financial transactions, stock handling, digital archiving, time stamping, international trade, national security and to prevent cyber crimes.
The MoU was signed in the presence of Union Minister for Science and Technology Harsh Vardhan and Minister of State for Department of Space Jitendra Singh at CSIR Science Centre here.