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N-deal Failure: India to lose more than US technology

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Agencies

Posted online: Wednesday, October 31, 2007 at 12:00:00
Updated: Wednesday, October 31, 2007 at 11:49:54


Kochi, October 31: Backing out from the Indo-US nuclear deal will deny India access to a permanent source of energy, M R Srinivasan, a member of National Security Advisory Board and former chairman of Atomic Energy Commission, has said.

It will also deny the country overseas nuclear technology, he said delivering a lecture on 'Indo-US Nuclear Agreement and its Impact on Indian Economy', organised by the Kerala Management Association, on Tuesday night.

Srinivasan said without the agreement, the country will have much more to lose. "Not only access to American nuclear technology, but also cooperation with Russia and France."

On the uncertainty on going ahead with the deal, Srinivasan said, "If we had a political consensus, the current situation would not have arisen".

The Left parties, supporting the UPA government from outside, should set aside their concerns against India entering into a treaty with the US.

"In the coalition era we are living in, it is best that a measure of consensus is built on vital issues, including the nuclear deal," he said.

Apart from the Left parties, BJP and UNPA had also expressed their reservation about the accord, he said, adding, "The situation now is that there will be a discussion in the Parliament and if the majority in the house say 'no', I do not know how they will go ahead".

"The merits of the agreement have not receded in the complexity of our political situation," the nuclear expert said.

India had built a strong base in nuclear field, prompting the US to cooperate with the country, Srinivasan said.

However, he admitted that the US' Hyde Act, the base of the nuclear deal, was not completely in favour of India.

"Probably the Act does not allow us a further nuclear test and has provision regarding termination of treaty in that," he said.

But any agreement reached between two parties will not completely satisfy both of them, he added.

In the coming years, India would require more energy to keep pace with the growing economy, he said, adding, low energy production would affect the speed of development.

The country would be able to produce energy effectively from thorium in large scale within a couple of decades since efforts in that direction had already been started, he said.

He said former Kerala Chief Ministers K Karunakaran and late E K Nayanar were keen on setting up nuclear power stations in the state.

During his tenure as the chairman of Atomic Energy Commission, both of them had asked him to find a suitable site for the nuclear power station, Srinivasan said.

Though Boothathankettu in Ernakulam district was suggested for setting up the plant, it was not selected owing to the high population density in that area, he added.

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Only traitors will favour ANY Deal,DEAD,ABORTED or otherwise with the UNTRUSTWORTHY and ruthless war-monger,Uncle Sam by veerar on 01 Nov 2007

Mr Srinvasan is wrong.The only gain is LOSS OF OUR SOVEREIGNTY,and nothing else. The Media Blitz,in favour of the DEAD and ABORTED deal continues!

SUPPORT N-DEAL by ravi on 31 Oct 2007

Congress and BJP SHOULD SUPORT N-DEAL. THese two parties should ACT RESPONSIBLY for the sake of India's FUTURE.WE KNOW THE COMMUNISTS ARE TRAITORS!GET THE DEAL THROUGH and then charge Karat and colleagues with treachery and hang them!

India to lose more than US technology by Shyamol Roychoudhury on 31 Oct 2007

It's a hard fact that India will be the bigger looser incase the Nuclear Deal fails.The so called self centered opportunistic Politicians are playing with Country's

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