Is the Nuclear Liability Bill good for India?

Srikumar Banerjee, Chairman, Atomic Energy Commission and ex-officio Secretary, Department of Atomic Energy, one of the drafters of the Bill is guilty of ignoring the consequences of possible nuclear disaster because his text has privatized profits and made liabilities public. Prime Minister Manmohan Singh, who is in-charge of Department of Atomic Energy, appears to be guilty of dereliction of duty as well. The Report of the Parliamentary Standing Committee on Science & Technology, Environment & Forests chaired by T Subbirami Reddy reveals their culpability quite categorically.

UPA’s controversial Nuclear Liability Bill

In case of an accident due to the equipment supplied or any other external reason (design, construction), the damages would have to be paid only by the operator of the facility and not the supplier of the equipment (nuclear reactors) or the builder of the facility. In such a scenario, the foreign companies supplying the reactors will make profits and the state-run and public-funded NPCIL would be liable to pay the compensation in case of an accident. So, while the Indian people would get paid with their own money in case of an accident, foreign companies would make a killing.

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