India ratifies Convention on Supplementary Compensation for Nuclear damage

India ratifies Convention on Supplementary Compensation for Nuclear damage ,1997 on 5th feb 2016. came into force on may 2016. .it will boost India's nuclear commerce with international commerce and strengthen global nuclear liability regime ;it also set parameters on nuclear operator's financial liability in case of nuclear accident to victims.

CSC can enter into force after ratification by at least 5 countries having minimum of 400,000 units of installed nuclear capacity. It has been framed in consistent with the principles of Vienna Convention on Civil Liability for Nuclear Damage (1963) and the Paris Convention on Third Party Liability in the Field of Nuclear Energy (1960).

Seeks to encourage regional and global co-operation to promote a higher level of nuclear safety in accordance with the principles of international partnership and solidarity. All states are free to participate in it regardless of their presence of nuclear installations on their territories or involvement in existing nuclear liability conventions. India had signed it in 2010 for delivering its commitments for stemming the landmark 2005 nuclear agreement with the United States