What is India US nuclear deal.What are the advantages and disadvantages for India in this deal?

Question

What is India US nuclear deal.What are the advantages and disadvantages for India in this deal?

Answer 1

India disengages her weapons, reducing her threat to the world.

Answer 2

There are a lot of advantages for India. First and foremost it will solve the energy crisis India is facing right now. In order to become a developed country, you need capital, infrastructure and energy. As things stand right now, India is meeting only 94% of its energy demand with 6% short fall. this gap will increase to 22% by 2030.  India's energy-  65% comes from thermal energy like coal/naphta power plants, 26% hydel energy, 6% nuclear and 3% from wind/solar. This nuclear deal will help India fill the energy gap. Availability of energy translates to wealth generation with more manufacturing, more production and more jobs.

Second benefit is the tremendous boost to business and economy. The investment on nuclear energy is in billions of dollars. This deal will help both US and Indian economies. US will benefit by selling power plants and technology. India by developing the required infrastructure/ construction.

Third benefit is, India is admitted in to the exclusive club of nuclear powers. This will help India to become a world leader and potentially a member of UN security council.

I congratulate Dr. Manmohan Singh for his vision and long term planning. Please see the following link for more reading.