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RE:We will be slaves if we sign the deal.
by All Right on Jul 04, 2008 11:03 PM

Knickerwallahs like Anup tend to be dramatic. India brought to a standstill, riots, chaos, civil etc, if US withdraws uranium

Why we sign the deal with the US is that the latter commands huge sway over the NSG. It is only through NSG can we get a waiver and possibly a seat in the NSG itself.

The deal recognizes India's right to maintain uranium strategic reserves. Once we get a NSG waiver, we can freely trade the nuclear market. This means we can buy uranium from any country, including the US. I am sure India will diversify its supplier base. So even if we have to return US stocks, the impact is minimal. The deal also makes it imperative that before we return the supply back to the US, they need to make alternative arrangement for such supply returned to them. This too after a fairly lengthy legal process. So no sudden shocks.

Lastly, even after factoring the deal, nuclear power share in total power generated would be a measly 6% by 2020.

So I suggest you Knickerwallahs read before contributing. But then Knickerwallahs like to be channels of disinformation





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