Post by : Mara Rahim
President Droupadi Murmu has officially endorsed the SHANTI Bill, which was passed in Parliament during the recent Winter Session. This pivotal decision signifies a significant advancement in India’s civil nuclear energy sector.
The SHANTI Bill, fully termed as the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India, supersedes older regulations including the Atomic Energy Act of 1962 and the Civil Liability for Nuclear Damage Act of 2010. These previous laws had imposed limitations on the progression of India’s nuclear industry.
With the implementation of this new legislation, private entities and joint ventures are now permitted to construct, own, manage, and decommission nuclear power facilities, provided they secure a government license. This development signifies a move towards increased private involvement, bolstering India’s nuclear infrastructure.
Nonetheless, crucial operations such as uranium and thorium mining, enrichment processes, isotopic separation, spent fuel reprocessing, high-level radioactive waste management, and heavy water production will remain under the strict oversight of the central government and state-owned enterprises.
The SHANTI Bill’s goal is to modernize India’s civil nuclear framework, promote private investment, and enhance energy output while ensuring safety and maintaining government control over essential nuclear functions. The reform is poised to strengthen India’s energy security and foster sustainable development in the years ahead.
Mattel Revives Masters of the Universe Action Figures Ahead of Film Launch
Mattel is reintroducing Masters of the Universe figures in line with its upcoming film, tapping into
China Executes 11 Members of Criminal Clan Linked to Myanmar Scam
China has executed 11 criminals associated with the Ming family, known for major scams and human tra
US Issues Alarm to Iran as Military Forces Deploy in Gulf Region
With a significant military presence in the Gulf, Trump urges Iran to negotiate a nuclear deal or fa
Copper Prices Reach Unprecedented Highs Amid Geopolitical Turmoil
Copper prices soar to all-time highs as geopolitical tensions and a weakening dollar boost investor
New Zealand Secures First Win Against India, Triumph by 50 Runs
New Zealand won the 4th T20I against India by 50 runs in Vizag. Despite Dube's impressive 65, India