BYE BYE 2008

As we approach the end of 2008,its time to look back on the past year and look forward to the next year.At this important juncture,I will like to sum up in my blog,the events which I consider to be the most important in 2008.Whether good or bad,2008 brought about a lot of drifts and changes and had been by and large a highly eventful year.The events which I feel marked this very important year both nationally and internationally are as follows:-

1. Indo-US Nuclear Treaty-The treaty marked a new beginning to the Nuclear prodigy of India and reasserts India’s supremacy as a responsible nuclear power and a rapidly developing nation.

2. India’s space mission-Chandrayan,the 1st unmanned space mission of India definitely puts India in the elite league of nations exploring the universe.

3. Barrack Obama becoming the first non-white US president

4. The financial crisis & recession the world over-The economic recession projected as the greatest of all times.The giant banks in US bailed out and the whole world feeling the crunch.India too affected although to a lesser extent.Sensex reaching below 10000 mark after a steady show for a long time.This year also saw high inflations with oil prices reaching as high as 140$ per barrel and again coming down to below 80$ per barrel.Job markets squeezed.Investments at all time lows.Hope 2009 brings good news and the economy rallies well.

5. India’s gold medal in Olympics-India’s 1st Individual gold in Olympic and that too after a long time proving that we can do it.

6. The terrorist attack on Mumbai on 26/11-Last but not the least among the worst happenings of this year.The terrorist attacks on Taj,Trident,Oberoi-all at the same time proving that we are not safe anywhere.We have threats from all sides-air,water,land. If so many terrorist with so much of ammunitions can enter the so called high profile secured luxury 5 star hotels then who is safe in this country?

Hence overall 2008 was a mixed year.We look forward to welcoming the new year 2009 with a lot of hope.Hope it brings good luck.fortune ,prosperity and peace.

WISHING YOU ALL A VERY HAPPY NEW YEAR 2009
Amitava Banik

INDIO-US NUCLEAR AGREEMENT

HISTORY
The history of Indian Nuclear Technology and its advancement started in 1950 when the US built a nuclear reactor for India as part of it’s “ATOM FOR PEACE” program.
India refused to sign the NPT in 1968.Thereafter India tested its first Nuclear weapon in 1974.
Since 2000 strategic Indo-US Nuclear relationship reached a new height and in August 2007,Indo-US Bilateral agreement envisioned in July 2005 by Mr.Manmohan Singh,Honorable Prime Minister of India & His Excellency,Mr.George W Bush,The US President finally took shape.

What is 123 Agreement all about?
IAEA to have access to Civilian Nuclear facilities in India.14 out of 22 facilities to be under scanner of the watchdog.
Additional safeguard procedure to be signed by India.

Advantages for India

1.India strategically closer to US on matters of terrorism.
2.India gets to use Dual- use Nuclear Technology-Material used to enrich Uranium or reprocess Plutonium.
India to have 40,000 MW Nuclear power production by 2020 against present 1950 MW being produced against installed capacity of 4000 MW.


Objection to the agreement by other nations

Continuation of India’s Nuclear Power programs.
The agreement doesnot include any control on the fissile material being produced in India.

Authorities involved in passing of the agreement

1.IAEA-Prepared the agreement in August2008.
2.Indian Parliament-Confidence vote won by the govt on the issue.
3.NSG-Passed in Sept’08
4.US Congress-The last hurdle.Exepected to pass the bill in Oct’08.

Conclusion
The agreement expected to be operational by 2009.

Amitava Banik
b.amitava1980@gmail.com

Hi

Hi,
Its quite late since my last blog.I was busy with my exams and other things.Quite a few improvements has taken place in the national & international scenario till the last one.
Since my last blog was on OLYMPICS,let me talk about that one first.India won 3 medals(Gold-1,Bronze-2).I think that this well establishes my point that things can improve provided we bring in more professionalism into our system.

Well another important development. Indio-US Nuclear deal gets green signal at NSG.Well done foreign ministry!!

Problems at home-Singur controversy.Hopefully it gets resolved.

Maharashtra controversy-Jaya Bachan Vs.Raj Thackerey.Why play petty politics?

I will be coming up with some more very soon.

Till then,good bye..............

SPORTS & INDIA

It is Olympic time.So I will like to start my blog with a small post on Indian sports.Why is India so backward on this trade of Sports.Why are we lagging behind.

Several factors-mainly fundamental.We donot have a system in place.We have been able to device an Educational system,an Economic system,an Industrial system but no sports system.

We are given an admit card by our govt to write our exam but no admit card to qualify and do well in sports.

In countries like Brazil they grow up and join a Football school like we join our school to study.They are taught from the very basics in a systematic way and finally they get into a system of recognition & award.But not in India.

On the contrary in India we grow up joining a school and seeing some cricket and somehow if we see some sports we join a local group,play.If we get interest also there is no way you can get along with it seriously to reach a level.If you are talented also you end up being a scapegoat.

It is adviasable to general people not to venture much as the system doesnot help much usually.

But what is the remedy.

Private investment-like TATA tried out with TATA FOOTBALL ACADEMY,Jamshedpur.It requires similar efforts by leading business houses and thoughtful people to try similarly in all Sports areas - Football,Hockey,Tennis,Badminton,Swimming whatever.This is a huge untapped potential area for us to try.

Apart from seeing it just as a sports,we have the potential to grow it as an Industry like Education,an Employment opportunity,a great career opportunity and a lot more.

Lets try and do domething