President grants assent to SHANTI Bill that opens up nuclear sector for private participation
GS3Economy · S&T · Environment · Security· Nuclear & new energy technology· Prelims + Mains·
Why in news
President Droupadi Murmu granted assent to the SHANTI Bill, which repeals existing civil nuclear laws to allow private participation in the nuclear power sector.
Background
The SHANTI Bill (Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India) allows private entities to build, own, operate, and decommission nuclear power plants. It mandates that government-owned entities remain responsible for uranium mining, enrichment, and waste management.
Facts for Prelims
- Act / BillSHANTI Bill: Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India
- FactPrivate participation permitted in: building, owning, operating, and decommissioning nuclear power plants
- FactGovernment-owned entities to handle: uranium mining, enrichment, and waste management
For Mains
Q. Discuss the implications of opening the civil nuclear sector to private participation on India's energy security and regulatory framework.
Dimensions to cover in your answer
- Regulatory oversight: Balancing private operational autonomy with stringent safety protocols and nuclear security standards
- Resource monopoly: Centralized government control over uranium mining and waste management to mitigate environmental risks
Keywords: Energy Security · Private Participation · Nuclear Governance · Regulatory Framework · Resource Management
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