My dear Mr Sudhir, IAEA never declared that Iraq had weapons. They only went into series of inpections on the basis of suspicion by EU, US etc.
In fact US invaded Iraq after getting OK from IAEA that Iraq DOES NOT have any weapons capability and all identied n-facilities inside Iraq are destroyed.
The case in Iraq and India is different.
India will be (insha-allah) 2nd among countries with highest GDP in 2050. We have tp prepare for those days.
In 1980s when IT and computerisation of banks was initiated, there were series agitations that now with computers, people will loose jobs. Life is doomed. But just the reverse happened. India is IT super-power.