With reference to the proposed policy changes regarding Foreign Direct Investment (FDI) in India’s nuclear power sector, consider the following statements:
- The policy will allow foreign companies to automatically acquire up to 49% equity in Indian nuclear power plants without any government approval.
- Amendments to the Atomic Energy Act, 1960, and the Civil Liability for Nuclear Damage Act, 2010, are prerequisites for implementing this policy.
- The policy aims to facilitate private sector participation in atomic fuel mining and manufacturing.
- The proposed FDI policy is expected to eliminate all regulatory oversight over foreign investments in nuclear power plants.
Which of the above statements is/are correct?