Why Indians are low in confidence? I think it is cultural. We always look up to someone as role model in the family, in school, in job etc. This attitude has to be changed. This is the key difference between Indians and westerners.

Why there is so much of debate on the nuclear power issue? I don’t understand. Any rational person can come to the conclusion quite quickly. We need power. We don’t have oil and our coal is of low quality. So if we need to industrialize quickly then we will have to generate nuclear power. But we don’t have enough uranium and we have to buy it. So it is in our self interest that we should welcome this deal.

There is opposition from some quarters because of India’s close relationship with USA. Come on. This is a non-issue. Another point of opposition is that India might not be able to test nuclear weapon and in case India does, US will stop fuel supply. Again how naïve Indians are. The US understands the jingle of dollar. Rather the whole world understands the jingle of dollar. As long as India has money, it can buy anything. I repeat anything. How forgetful Indians are. Can’t they remember that just ten years ago the whole world was up in arms against us when BJP govt went ahead to test nuclear bomb. There were a lot of sanctions from all corner of the globe. Where are those sanctions? India is the darling of the world now. Everybody is queuing to get a piece of the pie. So the bottom line is that in world politics, money matters much more than principle. So my dear Indians learn to be self-confident. If US won’t sell, you can buy from somebody else. And companies from US will hate to lose out business and for that matter India should not be worried.

Proximity to the USA is a non-issue as well. In politics the only interest is self-interest. It is in our self interest to get cosy with the USA for the time being. The USA is definitely smart. If it can get friendly with us then there is definitely a huge benefit for it. So lets look at our benefit rather than who the other party is. By partnering with USA if we can accrue benefit, then why not? My dear Indians, have you forgotten that in politics there is no friend or foe. Let’s be wary of the USA, but let’s piggyback on it as far as our self-interest is met.

What is very clear at this point of time is that the Anglo-Saxon financial system has a lot of short comings. The regularity, with which the so called invincible institutions are falling, provides a lot of lesson. As always history is the greatest teacher and we are passing through one of the most important chapters of history. Free market and globalization are well oiled words that have served the western financial system quite well. 700 billion $ rescue package is not the sign of philanthropy; rather it is a desperate measure to save even more spectacular collapse. So the lesson for India is not to follow what the USA preaches blindly, but to do whatever is best for its citizens. Open market or close market does not matter as long as Indians are getting prosperous at the end of the day.

For the time being globalization, de-regulation and nuclear trade are good for India.