Outrageous: The civil liablity for Nuclear Damage bill.
I am now beginning to understand why the Indo-US Nuclear deal signed more than a year ago was touted as being "Historic". It is very much in line with India's Colonially oppressed history. Much like the British East-India company,the Portugese,The Dutch and The French agencies which came to do business in the country it aims to give the 'locals' as little as possible while protecting their own national interests or companies whose balance sheets contribute to the coffers of their country. The motive behind the bill is to legally and financially bind the operator and the government to provide relief to the affected population in case of a nuclear accident.Sounds convincing? Yes it does until you discover that the operator will be a government run entity called NPCIL with 26% foreign stakeholding and the rest with the government and moreover the cap on liability of the foreign company is 500 crores which needs to be claimed by the operator in case of a nuclear di