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RE:Isn't it?
by Sugata Ray on Jul 07, 2008 05:31 PM

1. No, I don't suggest leaving out 9%, I just suggest to have a rational check of what we get and what we lose by this. Also, it is apparent that with 9% dependence, it is not going to stop us to look towards OPEC nations for oil.
2. Same arguement goes here also. Our dependence doesn't reduce even to a moderate extent. The main point is that this N-deal has become synonymous to 'NATIONAL INTEREST' and 'PATRIOTISM' which doesn't appear logical because it hardly solves our power problems in long run while it forces us to chose a clear political alignment (this is exactly what this N-deal serves, I guess).
3. In a country where 77% (83.6 crore) people live below Rs. 20 per day, an increase of Rs. 2 per unit of power eventually means excluding the general population from this wonderful 'DEVELOPMENT'.
4. Every normal person checks whether his/her expenditure is really worth or not. So, billion dollar investment for 9% power and that also not for common people doesn't appear a good deal.
5. This you got completely wrong. N-power still can be very useful in many ways. But, common logic says that it would be meaningful to invest for FBR research, mining of U and especially Th, which can make India self-sufficient in this front, instead of investigating to US companies. Again a simple investor's logic.

Lastly, I am not a CPI(M) supporter but just cannot see what this deal brings to us other than making US a political ally of India.

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