India achieved NSG waiver, now lets move on

From the beginning (since last 3 years), there are few who always believed that this indo-civil nuclear pact is impossible. Few nay sayers said, seperation of civil and military nuclear reactors is very tough, few more said USA will walk with India few miles and leave it in the middle making it a laughing stock, few said getting IAEA nod is tough and NSG consensus is almost impossible.

Pakistan initially started rallying to derail this pact but suddenly was forced to shut its mouth. Later on, China was in a dilema to openly opppose this deal risking its growing relations with India and pushing INdia much closer to USA or achieve its goal through client states like Austria, Netherlands etc. Either way, it was an half hearted attempt by China and at the end was clearly exposed. China now has two options in front of it.
a) Overtly come out and oppose India’s growth. Or
b) Be supportive of India’s growth and win Billion plus people’s friendship.
There is no middle ground or Midway path. THere are fw lower rung officials who have expressed seething anger over INdia’s success at NSG, but higher level political leadership in both INdia and China are mum about the same.

Now, Lets move on and tackle our day to day issues. Getting a waiver at NSG and actually seeing the results/fruits of this waiver are too far away and lets not get carried away from this success.

Expecting Stock markets to jump based on NSG waiver is stupid. Stock market reacts to broader economic indicators and not based on few things like NSG waiver which will only help power sector and that in new few years. Nothing will happen immediately. Speculators may start a rally in few stocks, but that will be short lived.

Thanks to UPA for working hard to get INdia through NSG waiver and next stop is US Senate. This vote will be by hands up and hands down and should be done in an hour. Aay sayers and Nay sayers will decide the fate of Indo US nculear deal. Even in highly unlikely probability this deal fails to pass the US senate, India can stat trading with other partners like Russia, Australia etc.

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