Thru this N Deal The Amount of Indian Money that would be Put to Stake is Rs.11,25,000 Crores or US$ 260 Bn.
And Even if We withdraw from the Agreement Later, The Built Nuclear Facilities would be under IAEA Safeguards in PERPETUITY. Which Only means West dominated IAEA will intrude into India and be there FOREVER. The Way out of It is to demolish those Facilities. Means Rs. 11,25,000 Crores of Loss.
Understand Our Forex Reserves are US$ 312 Bn.
Understand The Cost of a Product bought in the Market would Include its R & D Costs And Profits.
Do We Need to Spend So much Now ?
Is it Not better to Spend that Money in Better Water Management ?
Do You Know Only 20% of Rainwater is Harvested in the Dams & Reservoirs and Rest is being Leftout into the Sea ?????
A Reasonable Lake per Village thru out the Country Costs just Rs. 35000 Crores. Which also means JOBs only for Indians And Only INRs and No Forex.
RE:Cost thru N Deal
by Sastry on Jul 16, 2008 12:44 AM Permalink
The secrey of the govt is what intrigues me the most. I cannot answer the issues raised by you, but I expect the govt. should respond transparently. Good work.
RE:Cost thru N Deal
by Sandeep on Jul 16, 2008 04:43 AM Permalink
Where did you get this figure of $260bn?
Govt is not constrained to build Nuclear power plants or do Water management projects. They can do both.
India needs all the power it can get and multiple resources need to be identified and worked on including Nuclear options which are far cleaner than coal fired plants.
RE:Cost thru N Deal
by ajith raj on Jul 16, 2008 08:05 AM Permalink
but wht will be do with these nuclear reactors if the fuel supply is stopped....we have spend crores of ruppes on it..
RE:Cost thru N Deal
by Sandeep on Jul 16, 2008 08:34 AM Permalink
Why would supply stop? Probably because India does something major like nuclear explosion? Do you really think India will be doing that in near future? Also, India could save nuclear supplies(bank them) so if India decides to explode devices in 10 years, maybe we won't have that problem. Remember, US does not have to be only fuel supplier. Any contry in NSG could do that.
RE:Cost thru N Deal
by ajith raj on Jul 16, 2008 08:38 AM Permalink
No..it is not able to store them after a specified limit ..it is said in the agreement..and it is cleared by both govn... then they will stop the supply if they India to come with them for a war with IRAN or any other countries....or they may ask for a base camp in INDIA..if we did not agree these conditions the US will stop the supply...there is no need of a nuclear explosion....
RE:Cost thru N Deal
by Sandeep on Jul 16, 2008 08:49 AM Permalink
Can you guess what is the specified limit? Also, Russia can also be supplier. Does not have to be US. In fact, it can be any country from 45 countries who are part of NSG.
RE:Cost thru N Deal
by Govardhan Brown on Jul 16, 2008 01:00 PM Permalink
There's a bit of deliberate self-deception in the discussions here. The US has been driving this Nuclear Supply agenda over the past three years. Do you worthies really believe, that the US, after pushing, prodding, pleading, threatening, will simply stand back and let other NSG suppliers step in and walk away with India's business? It leaves one seething to hear all the facile replies given out by Messrs Kakodkar and Menon, that by signing this agreement, India will have only trump cards in its hand.
This whole agreement has an economic agenda to it: to get India wrapped and entangled in the coils of America's nuclear energy business. Second to constrain India's nuclear weapons development and third to co-opt India into serving America's foreign policy and strategic objectives. The three goals are co-terminus. The Congress has always had its eyes on the main chance. And this whole nuclear energy business will deliver a huge bonanza to the Congress Party. Hence, the rush to sign the deal. And this was done after sealing a side deal with the Samajwadi Party!