Nuclear deal with U.S. good for India: Study
New Delhi: The India U.S. civilian nuclear deal will reposition the country's corporate sector at a higher scale globally but a continued opposition will jeopardise its strategic interests, says a study by an apex industry group.
"Today, the US is willing to consider such a major initiative because India has emerged as a giant economy, a stable democracy and a responsible nuclear weapons power," says the study released here Tuesday.
"India must approach the initiative as a larger opening of the global community to its energy needs," adds the study by the Associated Chambers of Commerce and Industry (Assocham) titled "Liberating India from Technology Denial Regime".
It says that the resumption of international cooperation in nuclear energy for India is a challenging task since it seeks an exception to what the world thinks as one of the primary pillars of the current global order.
"Given the inherent opportunities of achieving this objective, only the US is in a position to deliver."
The study also says that continued opposition will also constrict international cooperation for India in areas like satellite launches, precision engineering, high-end sourcing and defence production.
IANS
Reader’s comments
Comment 1: This so called study appears to be just a propaganda. The only and single most purpose of this agreement is to save the bankrupted US corporations. Giving a cover up as if India is going to be the next Super power just second to the great master. From the Indian side this deal only for the business community who is looking for many ways to sell India.
The statistics presented is not accurate and it is only an attempt to show as if the apex study group analyzed many things.
Posted by : Jose - Wednesday, April 09, 2008
The statistics presented is not accurate and it is only an attempt to show as if the apex study group analyzed many things.
Posted by : Jose - Wednesday, April 09, 2008
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