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India presents insurance plan to U.S. for nuclear suppliers

March 17, 2014 - 6:28am

During recent nuclear energy discussions with the United States, India presented an insurance proposal for nuclear suppliers that it says will not scare private firms away, The Times of India reported.

Indian officials said the insurance plan is in line with the country's liability law and with its international commitments.

General Insurance Corp. of India is developing a package for an insurance pool that will soon be introduced for nuclear suppliers, the newspaper reported.

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