It%u2019s in India%u2019s favour not to sign the N-Deal. Reason is simple. The US is playing a two pronged game. More than India, US is set to gain from this deal.
1. Billions of $$ in tech transfer 2. Secured earning in form of fuel supply as we are short of uranium. 3. Will pressurise India in opening up its retail, banking and legal sectors for direct foreign investment and ownership. Will result in millions of job loss and dependency on foreign companies and cost of living will increase. 4. US will beat it up as its most credible foreign policy under bush admin by pushing India into CTBT from back doors.
The other part of game is Australia. Ausies under US directions are insisting that India need to sing CTBT officially and then only will they sell fuel to us.
In other words, straight after signing the N-Deal, India will surrender its sovereignty to foreign powers. On the other end, its still better to be dependant on Middle East countries for conventional fuel as at least, they are not pressurising us in our foreign policies.
