Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

Is nuclear deal b/w america & india holds good for india at the same time does is it beneficiant for america too.efforts were made by both countries & oppose was in both the countries why so?

Asked by neha arya, 22 Feb '09 11:27 pm
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (7)

1.

The deal is good for India as it accelerates our lethargic growth in power generation. However it would have been wiser for the government to regulate NPCIL more appropriately rather than just opening up the nuclear power generation market to the whole world
Answered by Saj Sierra, 22 Feb '09 11:30 pm

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
2.

Only time will tell real story
Answered by rajaram rao, 22 Feb '09 11:34 pm

 
  
Report abuse
Useful
 (2)
Not Useful
 (0)
Your vote on this answer has already been received
3.

India is a customer n america is a shopkeeper, hope you understand
Answered by iampruthi, 22 Feb '09 11:29 pm

 
  
Report abuse
Useful
 (2)
Not Useful
 (0)
Your vote on this answer has already been received
4.

Unchi log unchi pasand.
Answered by siddhartha das, 22 Feb '09 11:29 pm

 
  
Report abuse
Useful
 (1)
Not Useful
 (1)
Your vote on this answer has already been received
5.

I need some explanation on how this is good in India.....

Indian EB (Electricity Board) runs at subsidized prices. And we are going to buy from the US at WORLD MARKET prices, which are at least 2-3 times our subsidized price levels. So, our costs are going to be greater than our revenues.

The "Indo-US" nuclear deal does NOT state that the US is bound to supply nuclear tech for India for XYZ years but simply states that India can buy from "nuclear club" who MAY OR MAY NOT trade with India, as per their will.

And logistically speaking, the closest countries to these groups re Australia & Japan. BOTH have REFUSED FLATLY to sell India nuclear fuels, and not even an iota of pressure from US. We're getting the stuff from France at the moment also Russia. But the treaty binds us to surrender to the US our energy security....

If the Indo-US deal was worded like:

"US is bound to supply India nuclear fuel at 1000 Rupees per rod for 25 years and India is bound to abide by US fore ...more
Answered by A Moin, 26 Feb '09 08:05 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (1)
Your vote on this answer has already been received
6.

Again this is nother wasted effort by india in turn some beneficieries are there they say
Answered by Dinesh C S, 04 Mar '09 09:40 am

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
7.

India is a customer n america is a shopkeeper, hope you understand
Answered by prashant prashar, 23 Feb '09 12:09 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining