Business Standard
Tuesday, Feb 14, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Civil Nuclear Liability Bill: Efforts on to introduce it before PM's US visit
Saubhadro Chatterji / New Delhi Mar 17, 2010, 00:40 IST

Prime Minister Manmohan Singh will again try to convince the Opposition to support the contentious Civil Nuclear Liability Bill with the intent to introduce it in the second half of the Budget session (April-May).

Sources in the Prime Minister’s Office (PMO) told Business Standard that National Security Advisor (NSA) Shiv Shankar Menon will meet top leaders of the BJP and the CPI(M) to explain the salient features of the Bill.

Although Menon had made efforts to convince the BJP top brass to support the Bill, the saffron brigade decided to join hands with the opposition parties, including the Left. The government, on Monday, sensing the possibility of being outnumbered in the motion, decided not to table the bill in the Lok Sabha.

Menon held a special session for top spokespersons of the Congress today to brief them on the features of the Bill. Although the PMO is keen to see the bill passed before the prime minister’s visit to US in mid-April, UPA managers told Business Standard that the chances are bleak.

They feel the bill has to be first referred to the standing committee on energy headed by Samajwadi Party chief Mulayam Singh Yadav — a known baiter of the Bill — before it can come up for voting in early 2011. It is expected that the Congress would gain lost ground in the Upper House by the year end and the government would not have any problem in passing the bill. Currently, the UPA is in a minority in the Rajya Sabha. However, CPI(M) general secretary Prakash Karat alleged the Bill was a direct outcome of the commitment made by the UPA government to the US for purchasing 10,000 Mw of nuclear reactors from the country.

“Only the US is asking for civil liability legislation prior to commercial sale of nuclear reactors while Russia and France are not pressing for such conditions,” Karat said. Arguing that the Rs 500 crore cap of liability for the operator is “too little”, Karat said, “It is not being done to serve the government-owned Nuclear Power Corporation of India but to protect the US firms that may come up.”

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Wall Street opens higher on Greek deal
- Oil cos seek compensation for losses on petrol
- Centre for 6% road tax on cars, two-wheelers
- RBI raises bank rate to 9.5%
- Axis Bank reappoints Shikha Sharma as Managing Director
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Office 365 for professionals and small businesses.
- Are You Serious About Your Future? Click here to know more
- Financial Learning now made easier and more convenient.
- Earn fuel worth Rs.2400 with Citi
- India's No. 1 Property Site. Click here to know more..
- Get 5% cashback on telephone bills with Citi
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Be part of it The World's Largest Aircraft.
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
- Health is Wealth..... Insurance + Savings... Know More...
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Vanita Kohli-Khandekar: The halo around the internet
- Shiv Sena, MNS to charm young voters this V-Day
- SBI: Change in strategy paying
- Hackers bring down Microsoft India website
- A K Bhattacharya: Regulating the regulators
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
  Hot Searches  
 
Ambassador car |  Uttarakhand |  TCS |  Sarfaesi Act |  Vodafone |  DZire |  Aakash tablet |  Sodexo |  NHAI |  Companies Bill 2011 |  Playbook |  Rupee |  Samsung Galaxy Note |  Kingfisher Airlines |  FDI in retail |  Silver |  Provident Fund |  income tax refund |  Anna Hazare |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  TCS |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us