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India’s nuclear deal to create financial burden for India in the future

Today, nobody in India including Dr. Manmohan Singh would know what would be the exact investment cost in the nuclear power projectsand what would be the cost of generated nuclear power that the country would get , after investing thousands of crores of rupee in the nuclear power projects and importing the machinery and fuel at a price that would be dictated by the overseas business houses.

India has now a nuclear burden to carry, by N.S.Venkataraman  Chennai, Sri Lanka Guardian) August 27, 2010 Indian Prime Minister Dr. Manmohan Singh has realized his single point agenda of passing nuclear bill in parliament and bringing nuclear power projects to India at any cost. While he may be happy and satisfied man now, the burden caused due to his single point agenda has to be carried on by his country men for long period after Dr. Manmohan Singh would cease to be the Prime Minister of India.
Today, nobody in India including Dr. Manmohan Singh would know what would be the exact investment cost in the nuclear power projects and what would be the cost of generated nuclear power that the country would get , after investing thousands of crores of rupee in the nuclear power projects and importing the machinery and fuel at a price that would be dictated by the overseas business houses.

Dr. Manmohan Singh has not answered this vital question and perhaps, about the necessity later on to subsidise the nuclear power to make it affordable for the industry and the people. If there were to be an unfortunate accident in the nuclear power project, the innocent people who would suffer and their family members would accuse Dr. Manmohan Singh for exposing them to such conditions.

The truth is that the country is not in desperate need of nuclear power that

Dr.. Manmohan Singh imagines. Even when the nuclear power would come as envisaged by Dr. Singh , it would still meet only less than 10% of the country’s power requirement and the country can certainly do without it considering the elegant alternate options available……

Sri Lanka Guardian: India has now a nuclear burden to carry

August 28, 2010 - Posted by | business and costs, India | , ,

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