N-liability bill to bring in more investment: U.S. Media

Thursday, 26 August 2010, 19:09 IST
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Washington: Describing it as a personal victory of Prime Minister Manmohan Singh before the visit of US President Barack Obama to India, American media today said the passage of the Nuclear Liability bill would pave the way for much needed foreign investment in the crucial atomic energy sector of the country. "With the passage of the bill, Prime Minister Manmohan Singh emerges politically stronger, demonstrating a resolve to push the deal through ahead of US President Barack Obama's visit this year," The Wall Street Journal said. "The bill will enable US companies to compete with state-run European rivals as India is expected to invest more than USD 100 billion in nuclear power," the newspaper said.
Source: PTI