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बेसिक इंग्लिश का दूसरा सत्र (कक्षा प्रारंभ : 22 अक्तूबर, शाम 3:30 से 5:30)
France for US-like Nuclear Pact with India
Feb 16, 2015

France indicated that it was looking at the recent India-US understanding on resolving the liability issue in their civil nuclear commerce as a model to iron out its own differences with the Indian nuclear liability law.

  • France said the elements which have been agreed (between India and the US) can be applied to other nations as well.

  • India’s Civil Nuclear Liability law of 2010, while fixing the financial liability of a nuclear accident solely on the operator of the nuclear facility, has a provision wherein the operator has a right to recourse against the suppliers of nuclear equipments in the event that the accident is caused due to faulty equipment.
  • With the US-based suppliers of nuclear equipments unable to arrange insurance to cover the risk, the planned nuclear power projects to be set up in India with US help had not been moving forward. 

  • During US President Barack Obama’s visit to New Delhi last month, the two countries decided to create an insurance pool to cover such risks and agreed to protect the suppliers from criminal liability.

  • France, which too is helping India in setting up nuclear power reactors, faces a similar kind of problem with regard to the liability law.

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