Nuclear Power
INDIA BUDGET - India proposes to open the guarded Nuclear Sector to Private Firms
India proposed on Saturday to amend its Nuclear Liability Law to increase foreign and private investment in this highly-guarded industry, ahead of the visit by Prime Minister Narendra modi to the United States. Nirmala Sitharaman, the Indian Finance Minister, announced it as part of her budget presentation on Saturday. The strict liability under India's Civil Liability for Nuclear Damage Act of 2010, has hampered the implementation of India-U.S. Nuclear Deal that envisaged the participation of U.S. Power Plant Makers such as General Electric or Westinghouse. Last week, the White House said that Modi had discussed his U.S. trip with U.S....