Economy

Parliament passes SHANTI Bill, Atomic Energy Regulatory Board to have statutory status

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Big news from the Indian Parliament! In a significant stride towards strengthening the nation’s energy future and regulatory framework, the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill, 2025 (SHANTI Bill) has officially been passed by both houses of Parliament.

The landmark bill first cleared the Lok Sabha and then swiftly received approval in the Rajya Sabha, marking its successful journey through the legislative process.

A New Era for Nuclear Energy and Regulatory Oversight

The passage of the SHANTI Bill, 2025, is a momentous occasion, primarily because of its profound implications for the Atomic Energy Regulatory Board (AERB). With this new legislation, the AERB is set to gain crucial statutory status.

What does ‘statutory status’ mean? It means the AERB will now operate with enhanced independence, authority, and legal backing, directly mandated by an act of Parliament. This move is pivotal for ensuring the highest standards of nuclear safety, fostering transparent and robust regulatory oversight, and building greater public trust in India’s ambitious nuclear energy program.

This bill reflects India’s unwavering commitment to harnessing nuclear energy in a sustainable and safe manner, propelling the nation towards energy security and technological advancement. It is expected to unlock new avenues for progress in nuclear research, development, and deployment, contributing significantly to India’s transformative journey.

Stay tuned for more updates on how this landmark legislation will shape India’s nuclear landscape!

Source: Original Article

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