
Ready to break taboos: Government to open nuclear sector to private participation
In a major policy shift that could redefine India's energy landscape, the government has announced its intention to open up the civil nuclear sector to private participation.The declaration was made by the Minister of Science and Technology and Earth Sciences, Dr Jitendra Singh, who emphasised that this transformative step is part of the broader vision of aligning India's developmental strategies with global standards.advertisement"This is a sector that has historically operated under a veil of secrecy. For decades, the nuclear domain remained untouched by private industry due to legacy policies and strategic concerns. But today, under the leadership of Prime Minister Narendra Modi, we are ready to break past taboos and take bold decisions," Dr Singh stated.A STRATEGIC SHIFT IN POLICY
Highlighting the importance of this decision, the minister remarked: "The Prime Minister himself has said this – we are going to open this up to the private sector. This has been possible only because we have a Prime Minister with the conviction and capacity to break outdated mindsets."According to Dr Singh, the move aligns with India's aspiration to become a top global economy, which necessitates adopting international benchmarks and best practices. "We aim to reach the pedestal of rank one in the global economy. To get there, our benchmarks must be global benchmarks," he said.advertisementThe minister pointed out that synergy between the public and private sectors is now non-negotiable for achieving high-end technological growth, particularly in sectors that have traditionally remained government monopolies.LEARNING FROM THE SPACE SECTORDrawing parallels with India's recent success in the space sector, Dr Singh cited it as a model for what private sector collaboration can achieve."Just look at what happened when we opened up the space sector. In just four years, we moved from being a minimal player to building an 8 billion USD economy. Projections now estimate we will exceed 45 billion USD in the coming years," he said.He noted that this "sea change" was driven by enabling private enterprise to innovate and scale alongside government agencies such as ISRO.BIOTECHNOLOGY: A MODEL FOR INSTITUTIONALISED PRIVATE PARTNERSHIPDr Singh also referred to similar collaborations in the biotechnology sector, where the government has developed structured mechanisms for private engagement. "We have institutionalised this collaboration and created interfaces which only a few countries have been able to achieve," he noted.CIVIL NUCLEAR SECTOR: THE NEXT FRONTIERThe civil nuclear sector, which until now has remained firmly under state control due to strategic and security sensitivities, is now being considered for a new operational framework that includes private entities.advertisement"We are still working out the modalities of how exactly this will be done. The Prime Minister has given us the green signal, and we are committed to building a robust system where the private and public sectors can co-exist in this highly sensitive domain," Dr Singh said.He acknowledged that while implementation details are still under discussion, the policy direction is clear: India is moving towards an inclusive, innovation-driven nuclear ecosystem.A NEW ERA FOR INDIA'S STRATEGIC SECTORSThis announcement is being seen as a watershed moment in India's approach to strategic industries. The government's willingness to shed past inhibitions and embrace private collaboration could unlock new technological capabilities, fast-track innovation, and attract both domestic and global investment in the nuclear energy space.Industry experts and strategic analysts are closely watching the move, as the framework for private sector entry into civil nuclear power could potentially mirror – or even surpass – the success stories seen in space and biotechnology.Must Watch
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
2 hours ago
- Time of India
OPS-like benefits for central government staff under Unified Pension Scheme
(AI image) NEW DELHI: Central govt employees covered under the Unified Pension Scheme (UPS) will receive retirement and death gratuity benefits similar to the Old Pension Scheme (OPS), Union minister of state for personnel Jitendra Singh said Wednesday, reports Bharti Jain. The inclusion of death-cum-retirement gratuity in UPS, a long-pending demand, is expected to encourage many covered under the National Pension System (NPS) to opt for it. In an order, dept of pensions and pensioners' welfare clarified that employees covered under UPS will also be eligible for the benefit of retirement and death gratuity under the Central Civil Service (Payment of Gratuity under National Pension System) Rules, 2021. Employees covered under NPS can switch to UPS, ensuring broader pension coverage. The scheme guarantees a pension amount of 50% of the average basic salary earned over 12 months before retirement for those with at least 25 years of service. In addition, employees with a minimum of 10 years of service are entitled to a minimum pension of Rs 10,000 a month upon superannuation. In the event of a pensioner's death, the family will receive 60% of the last pension drawn.


United News of India
2 hours ago
- United News of India
Employees under Unified Pension Scheme now eligible for retirement, death gratuity benefits: Govt
New Delhi, June 18 (UNI) The Government on Wednesday said that all central government staff covered under the Unified Pension Scheme (UPS) will now be eligible for retirement and death gratuity benefits available under the Old Pension Scheme. 'This is in keeping with the long-pending demand by a large section of government employees, he said. The move addresses a significant demand of government staff and brings parity in retirement benefits, Minister of State for Personnel Jitendra Singh said here. He further said the new provision reflects the government's commitment to ensure social security for all categories of employees under the National Pension System. The central government employees covered under the UPS will now be eligible for retirement and death gratuity benefits, as per the provisions of the Central Civil Services Rules, 2021, Singh said at a press conference here. The Department of Pension and Pensioners' Welfare, under the Personnel Ministry, on Wednesday issued an order on the "options to avail benefits under Old Pension Scheme on death of government servant during service or his discharge from government service on account of invalidation or disability for central government servants covered under Unified Pension Scheme". The DoPPW had notified the Central Civil Services Rules, 2021, to regulate service-related matters of central government employees covered under the NPS. The Minister also deliberated in detail on the "transformational" journey of the Ministry of Personnel, Public Grievances and Pensions over the last 11 years, stating that "a series of reforms aimed at simplifying governance, empowering citizens, and humanising administration had been undertaken." Dr Singh said, "for instance we have repealed over 1,600 outdated provisions—many of them colonial-era legacies—as a strong message of trust in citizens, particularly India's youth." UNI AJ SS


Time of India
4 hours ago
- Time of India
SRAM & MRAM invests $500 Million on AI-focused medical university project in central Asia
Marking three decades of operational presence across critical global sectors, SRAM & MRAM Group used its 30th anniversary as a platform to advance dialogue on the role of technology in transforming healthcare and education systems. At the center of the event was the announcement of a cross-border agreement valued at USD 500 million between India's Mont Vert Group and Kazakhstan's Big B Corporation—an initiative set to construct a new AI-integrated medical university and hospital in gathering, hosted on Raven's Ait Island, underscored how emerging technologies, including artificial intelligence, data-driven diagnostics, and smart construction, are increasingly becoming foundational to global infrastructure development, particularly in healthcare education. AI and systems integration in medical infrastructure The medical university and hospital project will be built on a framework that integrates advanced technologies from the outset—embedding AI in clinical education, operational optimization, and diagnostics. The initiative is designed not just as a physical facility but as a prototype for future-ready, tech-enabled healthcare ecosystems. Planned systems include algorithm-driven learning modules for medical students, AI-powered patient triage solutions, and IoT-based infrastructure management—supporting sustainability goals while improving service delivery. This aligns with a broader push in Central Asia to close gaps in healthcare delivery through digital capacity building. The project aims to serve as a model for deploying integrated technology stacks in mid-scale urban regions, where rapid population growth is not yet matched by public health infrastructure. While the project is backed by Mont Vert Group and Big B Corporation, the structuring and facilitation of the deal were led by SRAM & MRAM Group leadership in India and Kazakhstan. The partnership reflects a growing trend of decentralized infrastructure development led by private actors with a strong orientation toward technological enablement. The initiative also hints at evolving models of international cooperation—where expertise in real estate, digital systems architecture, and healthcare policy come together to address shared challenges across geographies. Broader implications for tech-enabled development SRAM & MRAM Group, whose portfolio spans AI, biotechnology, semiconductors, and digital finance, used the anniversary event to highlight how traditional sectors like construction and education are undergoing foundational shifts through embedded intelligence and systems automation. 'Our focus has steadily shifted toward applying our research capabilities to enable systemic transformation in sectors traditionally seen as infrastructure-heavy. The convergence of healthcare, AI, and education marks a necessary evolution in how global challenges are addressed,' Dr. Sailesh Lachu Hiranandani, Chairman, SRAM & MRAM Group said. The event did not feature product showcases or celebratory retrospectives. Instead, it served as a working platform to outline actionable plans for embedding smart technologies into real-world development challenges—from medical education in Central Asia to digitally enabled diagnostics in underserved regions. As regional governments and development bodies look for scalable, cost-effective infrastructure solutions, projects like the Kazakhstan medical university may signal a pivot in how large-scale institutions are conceptualized—moving away from static infrastructure to intelligent, adaptable systems that learn, respond, and evolve. The deal is expected to be executed in phases beginning late 2025, with digital architecture and AI integration playing a key role across planning, construction, and operation.