Submitted by Aditya Rao on September 8, 2008 - 12:06pm.
It was a ‘nuclear’ weekend in India
and a period which will go down in history as a big victory for the man who started
economic reforms in India; The Prime Minister Dr.Manmohan Singh. The Nuclear
Suppliers Group giving India a waiver is an unprecedented move. A waiver that
allows India to do nuclear trade with the rest of the world without having to
sign the Non Proliferation Treaty or the NPT. What this means from the business
side of things is quite simple and gigantic: The World’s second fastest growing
economy is ready to spend Billions on nuclear energy and the rest of the World
wants to take advantage of this.