INDO-US NUCLEAR DEAL: Essay Writing Topics

English_Master March 3, 2016 No Comments
INDO-US NUCLEAR DEAL The nuclear deal is expected to increase nuclear power generation in India from 4000 MW to 20000 MW by 2020. It will also spur world economic growth as nuclear plant projects worth more than $ 150 billion will be up for grabs by developed countries. The world economy, which is facing a serious downturn, is expected to get a big boost from nuclear energy investments in India. India and the US on 10th October, 2008, Friday, operationalised the nuclear deal by signing the 123 Agreement. External Affairs Minister Pranab Mukherjee and US Secretary of State Condoleezza Rice put the final seal on the agreement at an impressive ceremony held in the Benjamin Franklin Room of the State Department, USA, culminating a crisis-ridden process, initiated on July 18, 2005 in Washington during Prime Minister Manmohan Singh’s visit for talks with US President George W Bush. “Both India and the US administration have now completed all our internal procedures to be able to sign this path breaking agreement,” Mukherjee said after signing the agreement. The agreement paves the way for entry of American companies into the Indian nuclear market after a gap of three decades. “Today is an important day for India-US relations, for global energy security and...
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