Civil Liability For Nuclear Damage Act

The government has launched an insurance pool to the tune of Rs 1,500 crore which is mandatory under the Civil Liability for Nuclear Damage Act (CLND) in a bid to offset financial burden of foreign nuclear suppliers.

The government has said that it will not violate or subvert a crucial law that makes foreign suppliers liable for an accident if the nuclear equipment they provided malfunctioned. The US has been pressuring India to grants its companies greater protection from liabilities. US President Barack Obama is expected to raise this at next week's meeting ...

The government has launched an insurance pool to the tune of Rs 1,500 crore which is mandatory under the Civil Liability for Nuclear Damage Act (CLND) in a bid to offset financial burden of foreign nuclear suppliers.

The government has said that it will not violate or subvert a crucial law that makes foreign suppliers liable for an accident if the nuclear equipment they provided malfunctioned. The US has been pressuring India to grants its companies greater protection from liabilities. US President Barack Obama is expected to raise this at next week's meeting ...