Tuesday 17 June 2008

Political stability (v) National energy secutiry

It is an easy guess that, I am talking about the Nuke deal. With crude prices going up everyday, there are calls for lesser dependency on oil for national energy requirements. With the Congress intends to go ahead with the deal, the Left parties are playing a spoilsport yet again. Is it not high time they leave their conservatism at bay and give the national issue it's due significance? With the imminent change of power in the US, time is running out before this landmark deal is finalised. Also in a mess is the Iran gas pipeline project, over which progress has been very slow. It need not be mentioned that reliable, scalable energy infrastructure is a requisite for India's growth.

It would be interesting to watch out, who wins this contest between political and national interests!

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