cross-posted from: https://lemmy.ml/post/39629757

cross-posted from: https://lemmy.ml/post/39588796

While Inuagarating the Skyroot’s Infinity Campus in Hyderabad, PM Modi while highlighting growth in Space sector also revealed that the goverenment is planning on privatising Nuclear Sector of India.

He emphasized that the space sector in India has seen significant reforms in past 6-7 years resulting in entry of private players and ultimate innovations and achievements. He similarly also said that the Goverenment is also planning to do similar reforms in Nuclear Sector by privatizing it and enhancing India’s Energy Security and independence.

He alsoe emphasized that by this change India will see significant innovation in Modular and Advanced reactors.

I feel it is a brilliant move by the Goverenment, and I really appreciate this intiative but also there are somethings that need to ensured if private players are to be invited in this sector which have been almost completely alien to them until now.

A National Nuclear Code of Conduct should be established regarding how nuclear technology is handled and to restrict it’s transfer to unwanted entities, it is very important to ensure true energy security according to me.

What do you think about this update, feel free to open up and give your opinion in the comment section.

If you like our content and to be further updated, please Join our Community ‘BharatReforms’. We are a new community and really need your support to grow and continue.

If you want to know more about this news:- https://www.newsonair.gov.in/pm-modi-pushes-for-private-sector-entry-in-indias-nuclear-sector/#%3A~%3Atext=Prime+Minister+emphasized+that+a%2Cattractive+destination+for+global+investors.

Jai Hind

Jai Bharat

  • BharatiyaReformist@lemmy.mlOPEnglish
    2·
    12 hours ago

    You have a point, especially about the research one but this is also true that goverenment cannot spend it’s money, and focus on everything and Energy sector is a sector I would really say needs a good balance between Public and Private shareholding. in that sense, I would say it’s an okayish move.

    Still the new ideas always come from private corporations, yes the goverenment support is needed in capital and other things but private companies do all other things. I still say in a sensetive sector like this one, a Public Private Partnership (PPP) model should be more promoted so that neither goverenment nor Private corporations have monopoly over this sector.