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Indian politics is Hilarious
by Your Persona on Jul 08, 2008 01:58 AM

This entire national debate is quite funny.

Let's face it; India's nuclear program is least of United States' worries right now. They are in it simply because powerful corporations are pushing the U.S. government to go ahead and sign the deal so that they can enter the most lucrative energy market in the world.

This deal only opens the gate for U.S. corporations to enter the market; it does not mean the cost of setting up nuclear reactors is already decided. That is for Indian government and Indian power/utility companies (buyers) to negotiate with the U.S. corporations (sellers).

India is at that moment of history where it can leverage its position as a huge potential market to squeeze the best deals for itself.

Imagine how the electricity generated by new nuclear power plants will improve irrigation and transform the lives of the poor.

And what is the worst case scenario? If we go ahead and test nuclear weapons in the future, we will lose these new reactors. But remember, our old ones (including the ones for developing nuclear weapons) will remain intact.

If someone offers you a car but tells you that if you remove parts of it to make anything else they will take the car back, will you say no? (And they don't care what you do with the cars you already own.)

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India will approach IAEA, says PM