India’s nuclear energy sector is at a historic inflection point. With the enactment of the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act, the country has undertaken its most consequential reform since the Atomic Energy Act of 1962. For six decades, nuclear power in India remained a state monopoly—strategically insulated, but operationally constrained. The SHANTI Act decisively breaks with this legacy by opening the sector to private participation, reforming civil nuclear liability, and seeking convergence with global regulatory norms. Yet, the Act’s transformative potential will depend not on legislative intent alone, but on how unresolved questions of regulation, liability, and pricing are ultimately settled.
Month: Current Affairs - December 30, 2025
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