nuclear-news

Indian government rolls over to accomodate US nuclear corporations, US military strategy

Obama’s visit and the much-hyped nuclear deal, DNA Tuesday, 3 February 2015 Exploiting fully the servile attitude of this Modi government, being offered on a platter, US President Barack Obama, on his recent State visit to India as the guest of our 66thRepublic Day Parade, got what he wanted from India to rejuvenate the beleaguered US economy.

The Left parties opposition to the Indo-US nuclear deal and the subsequent developments which led to the withdrawal of the support from the UPA-I government were based on very serious apprehensions concerning the consequences of this deal. These relate to pressures to transform the Indian independent foreign policy positions towards those of a subordinate US ally; forcing India to further open up its economy to the profit maximisation of US corporations and India being drawn into USA’s strategic and military network as a steadfast accomplice.

The Modi government has reportedly gone ahead to permit the circumvention of US manufactured nuclear reactors’ liability in the case of a nuclear accident. Reports indicate that Section 17(b) of the Act will be interpreted in the Rules to enable the Indian State-owned insurance corporations to offer a cover of Rs750 crores to cover supplier’s liability, while a government back-up will extend this to Rs1,500 crores. India will pay the premium for such an insurance policy to the foreign suppliers. ……http://www.dnaindia.com/analysis/column-obama-s-visit-and-the-much-hyped-nuclear-deal-2057646

February 4, 2015 - Posted by Christina Macpherson | India, politics international