Nation

NITI Aayog Convened a Stakeholder Consultation on Implementation of the SHANTI Act 2025

NITI Aayog has convened a Stakeholder Consultation on Implementation of the SHANTI Act 2025 in New Delhi, with a focus on developing Legislative and Regulatory Framework, strengthening Finance, Insurance and Public Perception, along with enhancing Manufacturing capabilities, Operations readiness and Capacity Building.NITI Aayog said that for the Legislative and Regulatory Framework, deliberations focused on the SHANTI Act’s draft rules, regulations and related FDI policy provisions, with the opening technical segment presenting the statutory compliance mechanisms under the Act.Meanwhile, stakeholders examined the financial mechanisms and risk-mitigation frameworks needed to support the Act’s implementation with suitable insurance arrangements for long-term projects and strategies to strengthen public awareness, community trust and broader acceptance of nuclear energy projects.They also laid emphasis on enhancing supply chain resilience and designing dedicated capacity-building programmes to support industrial scaling and develop a highly competent human resource base.NITI Aayog added that these three pillars are vital to the Act’s successful rollout.The consultation brought together key leaders, policymakers and experts from the government, research institutions and industry to deliberate on the operational framework of the landmark Act.

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