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USA nuclear companies sweating on India’s Civil Nuclear Liability Bill

[The Bill] would free US suppliers of liability…..The haste on part of the ruling side is said to be keeping in mind the November visit of US president Barack Obama. Several US companies are awaiting the bill clearance, which allows nuclear business with the country……

No consensus on N-bill Prasad Nichenametla, Hindustan Times New Delhi, August 11, 2010 After two months of deliberations by a Parliamentary standing committee, consensus still eludes the Civil Liability for Nuclear Damage Bill 2010 effectively bringing the proposed legislation, giving effect to Indo-US nuclear agreement, to square one…..…..both BJP and Left threatened to issue a dissenting note over the bill. “Let the committee adopt the bill. We will register our dissent and oppose the bill again in Parliament,” a BJP member said.

The BJP and Left on Monday had sought clarification over the bill “which mentions intention to join the Convention on Supplementary Compensation which would free US suppliers of liability.” The committee, which was supposed to take up clause-by-clause examination of the bill on Monday, was not able to do so even on Tuesday.

The haste on part of the ruling side is said to be keeping in mind the November visit of US president Barack Obama. Several US companies are awaiting the bill clearance, which allows nuclear business with the country……

the main challenge for the ruling side would be passing the bill in the house, more particularly in the Rajya Sabha where its numbers are low.

No consensus on N-bill – Hindustan Times

August 11, 2010 - Posted by | India, politics international | , , , , ,

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