Indian Approach to N-Deal

article written by krishna.

USA and India Indo-Us n-deal issue is the topic that has brought the nation to the verge of early elections before the schedule. From general people to the politicians all are busy to discuss the benefits and drawbacks of the agreement on n-deal. But these discussions are less based on n-energy as most of attention is given to Indo-US relations. After the end of Cold War it is the first time that relations between both the countries have reached to such a height. There are many reasons that have brought both of the nations so close to each other. After the collapse of USSR it is China that has emerged as a major power that can challenge the US supremacy. India on the other hand is also worried of the emerging economic and military power of China. India and China both have disputes regarding their borders that are the major reason of the mistrust between both of the countries.

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Energy Requirements After China India is the second fastest emerging economy. Its energy requirements are also emerging with the emergence of its economy. But India meets its more than 70 percent energy requirements by importing petroleum products from abroad. India’s dependency on other countries directly affects the economy. It is evident from the point that rises in the crude oil prices in the international market has directly affected the inflation rate which was below 4 percent and now has neared 12 percent. Indo-US deal will open the doors of nuclear energy for India and economic and technical relations with the NSG countries.

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Deal According to the deal India will separate its nuclear rectors to civilian use in a phased manner. IAEA safeguards will be applied on these ‘civilian’ reactors that will produce electricity by using the imported uranium. India is not allowed to use the imported uranium for military and research purposes. If it is done then agreement will end automatically and India will have to send the uranium back. On the other hand energy produced in these reactors will be cheaper that will boost the industrial growth and also will make India self-sufficient in the field of energy. Unstable middle-east and neighboring countries has always threatened regular energy supplies. N-energy is the only option that can meet India’s emerging energy requirements in future with uninterrupted supply.

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