The most important requirement for India's Economic Growth in the coming years will be the power & infrastructure. The argument put forth favouring the 123 Agreement says that we need Nuclear Power Production to be increased to meet the demand.
Power Production in India
Presently following are the figures:
Thermal Power 66%
Hydel Power 26%
Solar & Wind Power 5% - Presently Rs.600 Crores are spent for producing this power.
Nuclear Power 3% - If this is to be increased to 6%, it requires additional Rs.50,000 Crores.
Naturally it will be wise to increase other 3 modes of power production rather than the expensive & dangerous Nuclear Power. Isn't??
URANIUM
We used to import Uranium from various other countries. After the Pokran Test, we are not getting it. To augment the supply, we need to sign the 123 Agreement to get Uranium from USA. But we will have to declare to USA from which power plant India takes raw material for producing Atom Bomb. Why should we disclose our internal secrets to those rascals ? Will any one allow an outsider to continuously monitor what's happening in your Hall & Kitchen of your house? Other study reveals that Uranium is available in India aplenty. Only hurdle is the acquisition of land. To produce Atomic Power & Bomb in the next 40 years, the requirement of Uranium is 25,000 MT whereas the availability is 78,000 MT across India.
