14 May, 2021

Reacting To A Responsibility

Nuclear insurance and clarity over a ‘supplier’ are ways to break the impasse over liability

Reacting To A Responsibility
outlookindia.com
-0001-11-30T00:00:00+05:53

Beyond The Nuclear Deal

  • US Trade and Development Agency to sign agreement for undertaking pre-master plan for three smart cities in Visakhapatnam, Allahabad and Ajmer.
  • US investment flow to be channeled into Modi’s pet schemes—Make in India, Digital India, Skill India. $41 billion already committed over the next three years.
  • Two-way Indo-US trade is around $100 billion; proposal to raise it to $500 billion over next five years.

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Prime Minister Narendra Modi’s government is in a bind as it races to chalk out an innovative solution to the liability issue that has held back US companies from capitalising on the India-US civil nuc­lear deal almost eight years after it was signed.

With a pro-investor image to live up to, the Modi government is banking on flexibility and creativity to win over the US companies to strike some deals during US President Barack...

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