The nuclear deal is geared to serve our short term needs. We have already invested large amount in reactors using uranium, which because of lack of uranium and spare parts, are running 50% of capacity.
Our medium-long term strategy focus on fast breeders which use thorium which are outside the deal. These will come on-stream in 10-15 years. Till then we need to increase capacity utilization of our old generation reactors, which we have placed under safeguards.
This is the best deal we can get. We keep our militray and fast breeders and all future reactors out of the deal.
The Manmohan Singh government took advantage of a beleaguered Bush Administration - who in all fronts had been a disaster. The Bush Administration desperate for a singular success gave us the best terms - terms which are considered a sellout of US interests in their own country.
If we have to control inflation and power crisis, then this agreement is crucial.
