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India, US find middle ground in nuclear deal push

The crucial meeting is likely to take place in Washington ahead of President Obama's India visit.

January 21, 2015 / 17:37 IST

Just days ahead of President Barack Obama’s visit, sources say the US has softened its stand over a key sticking point with regard to the nuclear liability law.

CNBC-TV18 learns that India has made it clear that the law making the supplier liable for any nuclear accident will not change. However, it has now proposed that a USD 250 million insurance pool be set up with money from all stakeholders to pay off liabilities.

The crucial meeting is likely to take place in Washington ahead of President Obama's India visit.

first published: Jan 21, 2015 05:00 pm

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