One of the hottest issues these days is Nuke – deal and it almost tumbled the Central Government…. What I can drag from the research reports, news papers & business magazines etc etc….. is only one word from this deal i.e. “Head I win… Tail you loose”
As of now US had around 25 countries under 123 Agreement (USA’s Atomic Power Act Section 123) list….now it’s our turn to surrender our sovereignty….
What we gonna get out of this deal is Machinery/equipments & Latest technology in order to produce nuclear power…. and expected to double the current production from this deal….& we will be import uranium from US for our needs…..
Drawbaks….
1. We will loose confidentiality of our developments
2. Our nuclear power plants will be under the scanner of International Atomic Power Organization
3. If we breach the contract, technology will be pulled back leaving watchdogs (IAPO) behind us.
4. If contract is breached by US, there is no clause for canceling this agreement.
5. We cant test – fire our nuclear developments.
Any accident in these plants will have a long term effect in human life as it happened in Serbia…its very expensive to defuse & close an atomic plant infact more than its construction cost…
We are dependent mostly on thermal & hydel power which is 92%…where are solar, wind contribute 5% to it… and nuclear power 3% (to bring nuke 6%, requires additional Rs 50,000 Crores) We got plenty of resources like Uranium, plutonium, thorium…but after signing this agreement we will be restricted to use our own resources
If we go deep it’s some how related to amicable relationship between India–Iran & also India–China which is annoying US….
The agreement is apparently like this… USA can either hug India or slap India. India will not ask why are we hugged or why are we slapped. On the other hand, India cannot hug or slap USA for breach of agreement.
Your blog is interesting!
Keep up the good work!
Comment by AlexM — August 19, 2008 @ 9:27 am |