3. Contents of the Presentation Introduction of the topic- Slide 4 About the topic-Slide 5, 6 and 7 The Indo-U.S. civilian nuclear agreement, known also as the Indo-U.S. nuclear deal, refers to a bilateral accord on civil nuclear cooperation between the United States of America and the Republic of India. The framework for this agreement was a July 18, 2005 joint statement by Indian Prime MinisterManmohan Singh and then U.S. PresidentGeorge W. Bush, under which India agreed to separate its civil and military nuclear facilities and place all its civil nuclear facilities under International Atomic Energy Agency (IAEA) safeguards and, in exchange, the United States agreed to work toward full civil nuclear cooperation with India. Conclusion- Slide 8 Bibliography- Slide 9
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6. India will get Nuclear reactor and Nuclear fuel for making power for energy.
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8. ADVANTAGES OF DEAL TO INDIA India’s economical growth is 8-10% p.a. and in 10 years we won’t be able to keep up without clean Nuclear energy. In order for India to become a developed nation, we must have Nuclear energy. Reliable power brings more foreign investments to India. No power means no factories, no manufacturing plants, no growth and no jobs. Thus it will bring more and more job opportunities to India. After 50 years of isolation, India will have the opportunity to say something, in world forums like UN, WTO and World monetary lending institutions, and be heard. There will be frequent inter-government exchanges on matters of mutual interest. India could become a full member of the select group of G-8 members. Indian military is in need to diversify its sourcing of military hardware. Russia has been a very reliable source for the past 40 years, but it needs to be diversified for India’s upcoming future.
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11. DISADVANTAGES OF DEAL TO INDIA India will have to disclose its all Nuclear power plant secrets and also agree to 14 of our Nuclear power plants to be under the scanner of International Atomic Energy Agency(IAEA). If India does Nuclear test, then this agreement gets cancelled. But USA will take back all the machinery/ equipment/ technology supplied to India thus far. Those 14 power plants will continue to be under the scanner of IAEA irrespective of the status of the agreement. On the other hand, if any of the commitments given by USA is breached by them, there is no clause for cancelling this agreement. Thus US has an upper hand.
12. CONCLUSION Thanks to diplomatic and political skills of President Bush and Prime Minister Manmohan Singh, we have a deal which could lift India into the Trillion-dollar club, faster. They both have worked hard. Ten years from now when electricity supply situation in India’s households, industry and farms is significantly better, we have to thank them both. Thank God, we are not struck with in one sided, Iran - Pakistan – India pipeline deal. This would have held India permanently hostage to Pakistan. Thus we are in favour of the deal and so are INDIAN NATIONAL CONGRESS, SAMAJWADI PARTY and RASHTRIYA JANTA DAL. But some of the parties are against this deal like BHARTIYA JANTA PARTY and LEFT FRONT.
