India third in world in legal nuclear liability
In a survey done by the Confederation of Indian Industry, China was placed at the fourth rank in terms of its nuclear liability at $162 million. The findings also reported that Russia did not specify any amount whereas Germany and Japan have an unspecified amount.
The study was based on nine factors - Nuclear liability law, strict liability, channeling of liability exclusively to operator, right of recourse against supplier, operator's insurance amount, state guarantee/cover, additional state compensation, and supplementary amount from international fund and legal liability limit.
India also came third in the operator's insurance amount as well at $320 million. U.S. tops this list too with $12,500 million.
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