Nuke deal for India's prosperity: US economist

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Agartala, Sep 21 (UNI) A California-based economist has strongly supported the Indo-US nuclear deal for India's economic prosperity and better cooperation between the US and the Southeast Asian countries.

Speaking to UNI here today, Professor and James Irvine Chairman of Urban and Regional Planning in University of Southern California Tridib Banerjee said energy was the big issue for developing countries and nuclear cooperation with the US would contribute a lot in this regard to India.

He said since the defence sector had been excluded from the proposed deal, there was no reason for apprehension of security threat or interruption of sovereignty rather it would ensure a long-term nuclear commerce between India and the US.

Prof Banerjee 'smelled Chinese influence' in the opposition of the deal in India and pointed out that China is an emerging threat to India and were accordingly trying to snap Indo-US tie-up in economy and energy sectors.

''While the US wants India as it's strategic partner, China tries to dominate India,'' he stated and added that democracy prevailed both in India and the US although with some differences in governance. However in China, socialism prevails, which is in sharp contrast with the mode of governance existant in these democratic countries.

Referring to the economic projections of the leading investment group Goldman Sachs, Prof Banerjee said, ''Gross Domestic Products (GDP) in China will cross US's GDP in 2040 while India's GDP will be equal to that of US and that is why the Bush administration was contemplating for greater cooperation with India.

The American Centre, Kolkata, brought Prof Banerjee here yesterday who delivered two separate lectures on urban planning to a gathering of engineers and professionals at the Institution of Engineers and National Institute of Technology(NIT), Agartala.

He had also met Chairperson of Agartala Municipal Council Shankar Das and discussed on various emerging issues of urbanisation and shared the practices of the US in the field.


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