NSG waiver to India: What does it really mean?
By coolmailraj
@coolmailraj (2460)
India
September 8, 2008 11:23am CST
Hi.
I heard yesterday that India has received a nod from NSG. But I can't make out what it is exactly all about. I know that there is a group of some 40 odd nations that are considered to be nuclear power houses and they constitute the main body of this NSG thing but what they have approved India for? What kind of impact will it have on India and Indians? Is it good or just fine?
Can anyone elaborate it a bit?
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1 response
@tulipstrader (1467)
• India
8 Sep 08
if india needs uranium to run its nuclear plants, it has to be imported from one of these countries. they have a pact amongs themselves that they will not sell to anyone who do not comply with their terms. australia commands a 40% share of uranium supply of the world. what india requires is ready supply of fuel, legally. watch the word = LEGALLY. otherwise we can be like pakistan smuggling it from other places illegally. or be like north korea. but we chose to be more civilized.
impact wise nothing big to talk about. we will get assured supply of fuel to run the plants both civil and defense. whether it is good for the counry or not, only time will tell. also US senate has to ratify the same before 30th september, otherwise it will go to the next session when the new president to again present it to the senate and get it ratified.
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