India plans to establish a nuclear liability fund aimed at covering accident compensations exceeding ₹1,500 crore ($169 million) owed by plant operators. This initiative, part of a new atomic energy bill expected to be introduced in December’s parliamentary session, seeks to alleviate risk-sharing concerns among global suppliers and private firms, thereby facilitating foreign investment in the nuclear sector. By aligning its compensation framework with global standards, India aims to attract private participation and foreign technology in atomic energy generation and uranium mining while easing stringent liability provisions. This shift reflects a significant move to enhance the nation’s nuclear capacity, targeting a twelve-fold increase by 2047, thereby positioning India as a key player in the global nuclear energy landscape.