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The Public Liability Insurance Act, 1991

Requires industries handling hazardous substances to take out insurance policies to cover potential liability in case of accidents causing death or injury.

Strengths

  • Provides for insurance coverage and compensation in case of accidents involving hazardous substances. 

  • Protects the rights and interests of affected persons and the environment.

Weaknesses

  • Limited scope, as it does not cover all hazardous activities and substances. 

  • Implementation challenges, such as delays in compensation and dispute resolution.

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