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"Today, the Nuclear Suppliers Group (NSG) reaffirmed its strong support for the Nuclear Non-Proliferation Treaty (NPT) by refraining from admitting India," Junior Democratic Senator from Massachusetts Edward Markey said in a statement.
Guess the Chinese are not rational people for accepting India's NSG waiverAny rational person will not support exceptions inside an organisation whose primary purpose of existence is control by criteria...Its like having bio-metric access control at the door..but granting exception to one person..it does not work...
Guess the Chinese are not rational people for accepting India's NSG waiver
Except that withdrawal of that waiver requires consensus of all NSG members. Even a single vote could foil Chinese attempts.A waiver can be issued and can be withdrawn..and the Chinese want to keep an edge over it...
FOR INDIAN MEMBERS....STOP MOANING ABOUT CHINA.......
Brazil, Russia, Mexico, Italy, Romania, Belarus, Turkey, China, Austria, Ireland, Belgium and New Zealand oppose extending concessions to India
Wasn't Dawn a very credible source for Indians? Just look at the comments section....filled with Indian bakhts....
http://www.dawn.com/news/1267070/nsg-terms-npt-bedrock-of-non-proliferation-regime
Out of all the countries, only China has said India has to sign the NPT for NSG entry. All other countries are talking about allowing India in without the NPT, they only want implementation of NPT, which India has done.
Mark Hibbs, a senior associate at Carnegie Endowment, tweeted that about a quarter of the 48 member-NSG raised issues about Indian candidature.
The NSG works through consensus and India would not have been able to make it into the club even if a single country had opposed its application.
The criticism of India was not only that it had not signed the Non-Proliferation Treaty (NPT), but also that it had not fulfilled the commitments it made while getting NSG waiver in 2008. It has neither made progress towards CTBT nor has separated its civilian and military nuclear reactors.
http://www.dawn.com/news/1266838/indias-bid-to-join-nsg-hits-dead-end
And now those countries are working on a back door entry for India. They only want India to implement the NPT, not sign it.
http://www.worldsrichestcountries.com/top_china_exports.html
Top 10 Chinese Exports to India
1. Electronic equipment: $13.4 billion
2. Machinery: $10.2 billion
3. Organic chemicals: $5.9 billion
4. Fertilizers: $3.5 billion
5. Iron and steel: $2.3 billion
6. Plastics: $2.1 billion
7. Furniture, lighting, signs: $2 billion
8. Medical, technical equipment: $1.5 billion
9. Iron or steel products: $1.4 billion
10. Vehicles: $1.2 billion
So lets assume electronics is left alone for arguments sake since Chinese members believe a large part or most of it is price inelastic (which they may be right about, it will have to be broken further down to know for sure....maybe Nirmala Sitharaman and co know the better analysis for this).
That still leaves these other significant chunks that can all be effectively targeted as needed according to the number of jobs (and expecially further Value addition) they support within India (i.e how "raw" of an import they are and their importance in a larger supply chain/requirement).
Items that are strictly end use (i.e have no further impact in Indian generated GVA or job provision) and have multiple domestic and/or other international suppliers at price points of say a few % points higher can be given a tarrif of that % + 1 etc.
Everything will have to be broken down, analysed and then done accordingly by the commerce ministry.
They have about a year to plan since thats what the US is saying w.r.t further discussions regaring NSG membership.
But its good to do this anyway (regardless of NSG situation) and execute at the appropriate periods. It will be another litmus test for the Modi administration....I hope he takes it seriously. Boycotting by people on the ground is only so good because market forces are hard to overcome for most regular non-elite people.
It could be just the impetus that the make in India program requires combined with the good monsoon forecasted this year and improvement of credit situation. Hope India makes the best of it.