India's SHANTI Act to Enhance Nuclear Sector with Private Involvement, Says Minister Jitendra Singh
India's SHANTI Act aims to enhance the nuclear sector by promoting private sector involvement and establishing necessary safeguards, according to Minister Jitendra Singh. He noted that the rule-making process for the Act has begun and is expected to be completed in 2-3 months, with positive responses from both private and foreign collaborators. Singh also addressed recent delays in ISRO's PSLV launches, assuring that issues will be resolved, while emphasizing the need for a transition to clean energy sources and advancements in nuclear technology.
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Minister Jitendra Singh highlighted India's nuclear ambitions under the SHANTI Act, emphasizing private sector participation and the establishment of safeguards. He addressed ISRO's recent PSLV launch delays, stating that issues will be resolved before future missions.
The rule-making process for the SHANTI Act has commenced, with expected completion in 2-3 months. Singh noted positive responses from private and foreign collaborators, particularly during discussions with the US Secretary of State.
He acknowledged the high costs of nuclear energy but stressed the necessity of transitioning to clean energy sources. Singh stated that advancements in technology and reactor design over the past 18 years necessitate a reevaluation of nuclear strategies.
He affirmed that despite recent PSLV issues, India maintains a strong record of successful launches. Future human missions are planned cautiously, with timelines potentially extending into late 2026.
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