People just donot know about IAEA and start thinking pessimestic and emediatly link the same with USA .One should understand IAEA as a forum of governers of 35 member countries in which India is the prominent one and the creater of IAEA under UNO .It is not under USA ,I am sure .So dont think negatively like Leftist who never did good for the country forget about freedom movement .They did misrule for 30 years in West Bengal ,They did spoil 4 and half years of not doing any developmental work for the country by joining UPA ,nor allowed to do any reform .We have lost solid 4 years of no development .This leftist forget that they are also equaly responsible for price rise and rise in inflation as they were the part of UPA .The prise rise and inflation is not a one day matter ,actually it started 3 years back and now when the things gone out of hand ,they started accusing Congress and other UPA partners for getting an escpape root to fool the people .Somnath and leftist saga is nothing but to fool the public .I wish to thank Dr Manmohan Singh for giving us another liberisation in 2008 in the form of Civil nuclear deal agreement with USA and IAEA apporoval was neceessary for this deal .As he did economoc liberisation in 1991 under able leadership of late PM P.V.Narsimha Rao .Since India has got the fruit of 1991 liberisation after just 17 years and become one of the fastest growing economy in the world ,I am sure India will get the benifit of superpower with in 10 years from now
RE:IAEA and India
by teen paise on Aug 02, 2008 10:55 PM Permalink
It will take atleast 50 to 60 years with wise policies for India to reach per capita income USA enjoys today.
The key phrase is 'wise policies', else it would take much longer. Let us get rid of this 'being superpower' small talk and dwell on complexities inherent in existing realities and policy abstractions.
Let there be proper decisions to control inflation, reduce trade deficit, next-gen reforms, sensible power distribution policy, micro-finance, electronic money infrastructure etc
1. The cost of the produced electicity and maintenance of the plant is very high.
2. The disposal of Nuclear waste is a big big problem, that we have not considered. The half life of Uranium-236, the Nuclear Fuel is 5,00,000 years, it will stay redioactive till then.
2. The transportation of Nuclear material across the counrty is very risky especially in terrorists infected country like India.
Will the self certified experts like Rahul Gandhi answer any of these issues ?
RE:At What Cost !
by Sandeep on Aug 05, 2008 07:23 AM Permalink
Cost is actually lower than gas/oil based plant. I can go on about it but so that you see what is propaganda material, please answer following:
1. Do you have any idea of what is the cost of electricity produced versus other sources? Please post.
2. This is an open item in the whole world. What do other countries do? Why should we worry about it more than others?
3. This is just some hypothesis. Wouldn't India take precautions for this?
US inflation accelerated at its fastest pace in 17 years in June, official figures have shown, driven higher by surging energy prices
Consumer prices were 5% higher than a year ago and rose 1.1% on a monthly basis, the Labor Department said.
Federal Reserve boss Ben Bernanke has warned that the threat of rising inflation has intensified recently.
Minutes from the Fed's latest meeting on interest rates indicated the next move in borrowing costs could be up.
It faces the dilemma of having to stem the rise in inflation while not further choking an economy under serious strain.
'Fed in a hole'
June's annual inflation increase was the highest since 1991 while the monthly jump is the sharpest since September 2005.
In his second day of congressional testimony on Wednesday, the Fed boss said inflation was too high and it was a key objective for the central bank to bring it down.
Many analysts now believe that the central bank may have to leave borrowing costs on hold, or even increase them, as it tries to steer a faltering economy through turbulent times.
The next US president is expected to face a record federal budget deficit of almost half a trillion dollars.
The White House has lifted its deficit forecast for 2009 to $482bn (�242bn) up from $407bn.
The budget deficit measures how much more the government is spending than it is raising through taxes.
The slowing economy is reducing the tax take and the government has launched a stimulus plan by making payments to 130 million households to boost spending.
The forecast figure excludes about $80bn of war costs.
The budget deficit is measured from the beginning of October to the end of September.
It is possible that the deficit for 2008 will also break the record of $413bn, which was set in 2004.
A $482bn deficit would represent about 3% of the total output of the US economy, which is well below some of the deficits seen in the 1980s and 1990s in percentage terms. Nonetheless, whoever turns out to be the next US president may be reluctant to enact any further tax cuts or increases in spending that would raise the deficit.
The unemployment rate in the US has climbed to a four-year high of 5.7 per cent in July after employers shed 51,000 jobs.
The latest data, released by the US labour department on Friday, showed a lack of credit had affected employers' expansion plans and willingness to hire.
So far, the US economy has lost a total of 463,000 jobs this year.
The news comes as car-manufacturing company General Motors posted losses of of $15.5bn on Friday.
The rise in the unemployment rate to 5.7 per cent from 5.5 per cent came in June when many young people enter the labour market looking for summer jobs.
But this year, fewer of them were able to find work, the government said.
The unemployment rate for teenagers jumped to 20.3 per cent, the highest since late 1992.
Company job cuts
General Motors (GM) filed a report on Friday showing the third-worst quarterly loss in its history in the second quarter as north American vehicle sales plummeted and the company faced expenses due to labour unrest and its restructuring plan.
The company said it would lose thousands of hourly and salaried workers, speed the closure of lorry and four-wheel-drive vehicle plants, suspending its dividend and raising cash through borrowing and the sale of assets.
GM also said it would reduce production by another 300,000 vehicles, and that could prompt another wave of blue-collar early retirement and buyout offers.
More than 700 Bennigan's restaurants, owned by privately held Metromedia Restaurant Group, are
RE:US Moving towards Great Depression- India on wron side- US job losses hit four-year high
by Raj on Aug 02, 2008 09:55 AM Permalink
More job cuts
Job losses have further hit the housing, credit and financial debacles.
Manufacturers cut 35,000 positions, construction companies got rid of 22,000 and retailers shed 17,000 jobs.
Meanwhile, spending on construction projects around the country dropped 0.4 per cent in June as cutbacks in home building eclipsed gains in commercial construction, the US commerce department said.
The Institute for Supply Management's reading of activity from the country's producers of cars, aircraft, appliances and other manufactured goods hit 50, down from 50.2 in June. Readings above 50 signal growth.
Temporary help firms, also viewed as a barometer of demand for future hiring, eliminated 29,000 jobs. Those losses swamped job gains elsewhere, including in the government, education and health care.
In May and June combined, the economy lost 98,000 jobs, according to revised figures. That was not as bad as the 124,000 reductions previously reported. Source: Agencies
N-deal mean NPT (non-proliferation treaty) and Very High cost of energy, compared to the conventional energy cost (solar, wind, tide, plant), N-deal energy will be 3 times expensive. VERY EXCELLENT for INDIAN POOR/MIDDLE CLASS PEOPLE: BIG DOSE from UPA Govt under MMSingh and Sonia. For other source of energy investment would be less than half of N-deal cost and least level of pollution or no pollution. Moreover India will be place to dump nuclear waste. Indians will suffer from N-waste because of complete mismanagement, we have seen many times.
There is no choice left for all of us save & except to urge our Hon'ble Prime Minister & Union External Affairs Minister to send their emissaries to NSO to convince & persuade its members & clear misgivings if any, to accord further sanction .The clearance of IAEA is in all probabilities a milestone achievement of our Hon'ble Prime Minister & Union Minister for External Affairs. Had they not piloted the Indo-US Nuclear Deal well in time and got convinced members of IAEA by sending their emissaries to convince them, the deal could not have gone through IAEA very successfully. It has added few more feathers to their caps. Let us congratulate our Prime Minister & Union Minister of External Affairs for their heroic role that they played to get through the Indo-US Nuclear Deal through IAEA very successfully with flying colors! Surely, the prestige of our motherland has enhanced. Let us offer our floral tributes to Our Prime Minister for getting it through in spite of stiff opposition of many including left communist parties, Telgu Desham Party, Bahujan Samaj Party etc in our own country! The further clearance of Indo-US Nuclear Deal by NSO will be another step forward for its final sanction by US Parliament. Let us wait & watch its outcome with expectations to get our Indo-US Nuclear Deal cleared by NSO & all other formalities for its sanction by US Parliament!
The 123 agreement does not provide for technology transfer. They come and commission the project may be BOT basis. It is disastrous to India. Western countries except Japan and France avoid nuclear power. Does it means that US, Briton etc are ruled by fools? They are business minded. We are not. We can be fooled by the salesmanship of good sales executives. We are after praise from the sales executive. Unrestricted reform is the result. WE just believe their words and projections. What a shame? People started talking about fruits of N-deal. Do they aware of the perils waiting? I like the term 'mango republic'. It contains all meanings. Any one can throw stones when in the tree. If plucked carefully and kept for ripening it is very sweet for the plucker to enjoy!! Now for the coming years the subject of discussions will be nuclear energy and ..... We will not get a single unit within 10 years. The bad power cut will continue for ten years. The unit price of energy will be refixed taking into account the decommissioning cost also. The inflation due to the huge capital flow will damage all values in society. Read the Reporter's page in this forum. Remember the sacrifices of patriots who fought for freedom and read on... Dear India The N-deal, surrendering our sovereignty. Signed on the black day All political parties are out with scams, criticisms,border war Terrorism, accidents, inter-state disputes, religious dispute, blames etc.
RE:Save India
by Gopal on Aug 02, 2008 06:23 AM Permalink
More subjects will be born and die to keep the people busy Like the story of a dog and the bone. Very soon the N-deal will be signed by our “respected PM”. With his hand tainted while making a scar on Indian democracy With a sharpened dagger Putting all hopes on foreigners, not Indians Forgetting Babha and Nehru and their vision To get nuclear energy after a decade! Projecting a glossy picture ahead.
Several discussions are over on project implementation. The deals are ready to sign including LOANS. With intriguing clauses with far reaching consequences Limiting India's interference All shrouded in the word 'confidential' To be signed in the dotted lines. The congress has no say again. They have already collected the 'share'. In between, other political parties had the share, Hope not? The details could be known via gossip alone? The whole drama will continue till all papers are signed. Looser? The dear nation- its sovereignty and independence. Gained through sacrifices of many PATRIOTS Across the country, spanning 100 years. Start flow of FDI -abundant The share market gets a sudden boost Destined to stop when the FDI stops
Feel of comfort in every field for a while. And decline in cultural values. Dilly dallying by special interests Delay in project, call for revision of project cost Leaders of the day get the share, both sides No murmuring! Device mechanism to link unit price with inflation If not in the signed deal, technically right. No murmuring!
RE:RE:Save India
by Gopal on Aug 02, 2008 06:24 AM Permalink
No murmuring! Excuses from treasury benches, allegations from opposition. Everything moves as scheduled by the unknown Uranium shortage, excuses, blame on world market Regular revision of unit price Linked to the dictated price of Uranium Near end of Uranium supply, idling the plant Decommissioning of plants, Keep nuclear waste safe for ten thousand years Herculean task indeed!! $3 Billions per year for ten years for every plant By the present international data and standard. All finance from foreign loans. The one politicians love Defined by the words perestroika and glasnost Only in words, not in deeds.
In between the Indian financial structure crumble By awarding BOT projects Government looses all controls, Inflation rise to unimaginable levels. Wish not happen! Excuses and blames..... Destruction of cultural values built over eons God may protect us from radiation and terrorists ..... The individuals worked for the N-deal live in oblivion.
Intelligentsia, NGOs, Non political organizations, individuals Think over The people's call, Keep India united SAVE US!!
