GIC will prepare a product that can be used for nuclear industry
Centre has asked General Insurance Company to work on a model that could be applied to insure such facilities.
New Delhi: To sort out the liability issue plaguing Indian nuclear reactors, the Centre has asked General Insurance Company (GIC) to work on a model that could be applied to insure such facilities.
“This is preliminary work. We have asked the GIC to prepare a product that can be used for the nuclear industry,” an official said.
Sources said that the decision in the above regard was taken at a meeting between the ministry of finance and department of atomic energy earlier this month.
( Source : dc correspondent with agency inputs )
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