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Why is the India's nuclear deal with US pros and cons Benefits for India?
Ans. Nuclear Agreement between India - USA :MUST READ BY EVERY INDIAN
There are lot of talks about 1 2 3 Agreement between India & USA and it
almost led to the topple of Central Government. In this mail I am trying
to explain the commercial & technical aspects relating to this Agreement
which I have read and sharing with you.
What is 123 Agreement?
This is called 123 Agreement because this comes under USA's Atomic Power
Act Section 123.
Let's see how India's (Indians?) Sovereinty & Independence are
pledged...
(1) After this Agreement USA will supply all fuel, machinery / equipment
& technology to India for producing Nuclear Power.
(2) All these days from about 22 Nuclear Power Plants, India is
producing power as well as Atom. It's a high security / secret that
from where which is produced, how much is produced, where it is
supplied, what research is being done with that, etc. to anybody. But
if we sign this Agreement, we have to disclose these secrets and also
agree to 14 of our Nuclear Power Plants to be under the scanner of
International Atomic Power Organisation.
(3) The fuel utilised to produce Atomic Power can be recycled for reuse
and this plant will be under direct supervision of IAPO.
If India does nuclear test, this agreement gets cancelled. But
(1) USA will take back all the machinery / equipments / technology
supplied to India thus far.
(2) Those 14 plants will continue to be under scanner irrespective of
the status of the agreement.
On the other hand, if any of the commitments given by USA is breached by
them, then there is no clause for cancelling this agreement.
The agreement is apparently like this... USA can either hug India or
slap India. India will not ask why are we hugged or why are we slapped.
On the other hand, India cannot hug or slap USA for breach of agreement.
This is only capsule so that easy to read and digest.
Subject: India Pledged.... Part 2
Requirement of Power
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.
PLUTONIUM
Presently 35% of Plutonium is used to produce Atomic Bombs. After
signing the Agreement, we will be allowed to use only 10%. Who are those
rascals to restrict the usage of our natural resource ? That is though
you are capable of cooking & eating 10 idlis as your breakfast, you are
allowed only 3 idlis henceforth. How can it be? Why should we accept
this?
THORIUM
As told by Dr.APJ, we have abundant Thorium. In fact we are the 2nd
largest producer of Thorium next only to Australia. India has to
explore this further for producing power. For your information, in
South India - particularly around Kanyakumari, the availability of
Thorium is abundant.
INDIA-IRAN-CHINA
USA does not like the amicable relationship between India-Iran and also
India-China. If India-China relationship gets stronger, then both these
can rule the Eastern Part of the Globe which USA wants to break as per
their divide & rule.
By signing this agreement, USA wants India to depend on it for producing
power which is going to be a crucial factor in future. There is a talk
of bringing Natural Gas from Iran to India with a big pipeline project.
USA doesn't like this proposal.
Atomic Power Technology
Whether power is produced or Bomb is produced, using Atomic power
without spoiling the infrastructure and without allowing the radiation
is always under threat. Moreover preserving the wastes coming out of
Atomic Power Plants is expensive & unsafe.
There was an accident in Three Miles Island in USA. To close this plant
nearly USD 200 Crores spent with tons & tons of concrete but yet to be
fully closed.
In an another accident at Soviet Union's Serbia Plant, even the next
generation child are affected due to the radiation.
It will be very very expensive to defuse & close down an Atomic Power
Plant than its construction cost.
France
France has got 56 Nuclear Power stations producing 73% of the country's
total power requirement. They are catching up the problem of
eliminating the wastes / emissions from out of those plants at the same
time increase the power production capacity. Government of France is
now thinking how to reduce the power consumption in the country.
Conclusion
In view of the above danger, rather than signing the agreement and
pledging India to USA, it will be prudent to increase the Solar & Wind
Energy and more importantly Hyder Power Production can be increased by
linking all rivers across India and by constructing DAMS. (Ofcourse Dam
construction projects can be given to L&T's B&F Sector:-)
The whole process of this Agreement started in the year 2005 when
Manmohan visited USA. In a span of just 2 years a major decision of
signing this agreement has taken place with political motive. On the
contrary, neither this Government nor any other earlier Central
Government could not amend the Constitution thereby nationalise the
rivers across the country thereby effectively utilise the water
resources for both Agriculture purpose and producing Hydel Power. What
an irony?
Whenever someone is helping the needy, you can't expect the TERMS AND
CONDITIONS BETWEEN THE needy and the helper to be EQUAL??? BUT
(1) the helper's ulterior motive should be seen with broad eye because
he is capable of digging a grave behind you and
(2) better to be self-sufficient and explore new avenues with available
resources.
INDIA-CHINA-USA
India is very rich in Culture, follow Religions, Value Ethics, Level of
Education is Very Good.
China is also rich in Culture, follow Religion, better disciplined.
USA does not have Culture, does not have Ethics, only want power over
others. Particularly wants a firm footing in South Asia. Remember the
introduction EURO by European Countries and it is stronger than Dollar?
So their "DAL" cannot be boiled at "EUROPE". They are trying in India
as already Pakistan is in their clutches.
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Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
Nothing in this article is, or should be construed as, investment advice.
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