Debate On Nuclear Bill: Questions Raised Over Supplier Liability And Private Sector Entry

In this debate on the proposed amendments to the nuclear energy sector, the discussion focuses on the balance between achieving energy independence and ensuring public safety. A proponent of the bill argues that the legislation is essential for India to reach its goal of 'energy atmanirbharta' by 2047, aiming to increase nuclear capacity significantly. They assert that supplier liability remains intact through written contracts and that the bill encourages domestic and foreign investment. Conversely, an opposing voice raises concerns about the potential 'oligarchisation' of the sector and the risks associated with capping liability at 300 million Special Drawing Rights (SDR). The critic argues that the bill might allow foreign and private entities to enter the market without sufficient accountability in the event of a catastrophe, comparing the situation to past industrial disasters. The segment highlights the contention over whether the new clauses compromise national interest for private profit.