One of the important reason india growth rate for 2008 has been reduced is due to the inflation which in turn is due to raise in price of crude oil by 100% from the same time last year. We need cheap energy in order to maintain growth rate, India already has the power deflicit of 30000MW and producing power by burning the fossil fuel is no more feasible due to the rising fuel costs and dwindling natural resources. The renualble energy sources like solar is not feasible as the power produced by it is not cheap. India is in process of installing 10000 MW of hydroelectricity and 20000 MW of thermal power in this five year plan but by the end of this five year plan the requirement of power would have gone much more. The only cheap and alternate solution is to produce electricity thorugh nuclear power. India can capability to build nuclear power stations of capacity 200MW, but the deal with US will provide access to much more advanced technology by which we can install a nuclear plant capable of producing upto 2000MW which uses cheap nutron moderators like sea water. This deal also provides access to uranium from international markets. India's three state thorium enrichment process is not efficient as of now and it requires uranium as seed which India don't have.
The only problem the left find in Dr. MMS was he is pursing on a project which wont fetch political mileage to the left and unlike people like arjun singh he thinks about long term.
