Business Daily from THE HINDU group of publications
Friday, May 9, 2008 ePaper | Mobile/PDA Version


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

Update at 1200 hrs (IST)


General
Political consensus necessary on Indo-US nuclear deal: Nath

NEW YORK: With uncertainty persisting in India on the civilian nuclear initiative with the US, the Commerce and Industry Minister Mr Kamal Nath has said that a broad political consensus was necessary on the deal.

Mr Kamal Nath, while addressing the prestigious Asia Society here on Thursday, said that it needs to be looked more as an energy deal rather than nuclear deal.

The minister said it is necessary to have a broad political consensus on the deal, pointing out that it was because of this consensus that economic reforms have continued to despite changes in governments and prime ministers.

To ease the tight power situation, he said India is looking for clean coal technology as also alternative sources of energy. In this context, Mr Kamal Nath said, wind energy is already producing 5000 MW of power and there are plans to expand production f rom alternative sources that provide clean electricity without harming the environment. - PTI

Prev: Crude at new high


Business Line | NUS Index |



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line