Union Minister Dr Jitendra Singh says, there is adequate and sufficient insurance coverage offered for nuclear incidents in the country
Union Minister of State (Independent Charge) Science & Technology; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh today said, there is adequate and sufficient insurance coverage offered for nuclear incidents in the country. In a written reply to a question in the Lok Sabha , Dr Jitendra Singh said, India has enacted Civil Liability for Nuclear Damage (CLND) Act 2010 to provide for civil liability for nuclear damage and prompt compensation to the victims of a nuclear incident through a no-fault liability regime channelling liability to the operator. Under the Act, the operator has to maintain insurance or financial securities or a combination of both, for covering his liability in respect of the nuclear incident. The Act also limits the liability of the nuclear operator for each nuclear incident. The Minister informed that without any Insurance or financial securities, the nuclear operator cannot operate the nuclear faci...