Only India has recourse against N-supplier right
The CII's research titled 'Comparison of Nuclear Liabilities between various countries' comes amid the cries of criticism that have arose against the government over the Civil Nuclear Liability Bill.
The Congress-led UPA government has been facing flak over the controversial bill as Opposition accused it of tailoring the policies to appease the United States.
While India is the only country among the likes of China, Canada, and even United States to have a provision to seek recourse against the supplier, on the negative side, the Asian giant has not prescribed any additional state compensation in the eventuality of an accident.
The CII research shows that United States and Germany completely rule out additional state compensation while in countries like Japan and Republic of Korea the decision on the state compensation rests with the parliament.
However, India's the Civil Liability for Nuclear Damage Bill, 2010, prescribes INR 1500 crore as operator"s insurance amount and upto INR 1500 crore as state guarantee or cover.
With the government keen on passing the bill, which is part of the Indo-US nuclear deal, before US President Barack Obama's visit, the bill is expected to be enacted soon.