WikiLeaks: Indira had offered to share N-tech with Pakistan in 1974

April 10, 2013

IndiraNew Delhi, Apr 10: They are hostile neighbours widely seen by many as competing to have a bigger nuclear arsenal. However, after its first nuclear test in 1974, India offered to share nuclear technology with Pakistan. In her statement to Indian Parliament after the tests on July 22, Prime Minister Indira Gandhi said she had told her Pakistani counterpart, Zulfiqar Ali Bhutto, that New Delhi would be ready to share the relevant technology with Islamabad.

Quoting her statement the US embassy reported, as revealed by Wikileaks, "I have explained in my letter to Prime Minister Bhutto the peaceful nature and the economic purposes of this experiment and have also stated that India is willing to share her nuclear technology with Pakistan in the same way she is willing to share it with other countries, provided proper conditions for understanding and trust are created. I once again repeat this assurance."

The offer was extraordinary in its audacity, but equally in its foresight. The Indian offer came as Bhutto termed as insufficient Gandhi's assurance that tests were not meant to harm Pakistan. In his response to Gandhi, Bhutto said, many past assurances from India "regrettably remain unhonored". Testing of nuclear device is no different from detonation of a nuclear weapon, he wrote.

Pakistan tested a nuclear weapon for the first time in May, 1998 — a fortnight after India conducted its second nuclear test.

But Gandhi's offer to share nuclear technology with Pakistan was not the move of a potential nuclear proliferator. Instead, it showed the confidence of a leader who probably believed that India, after the test, could seamlessly become part of the international nuclear system, where New Delhi could become a legitimate nuclear supplier. Gandhi's confidence, as it turned out, was misplaced. India was immediately placed under a tough technology denial regime. In fact, the Nuclear Suppliers Group (NSG) was created as a result of the 1974 test precisely to keep countries like India beyond the pale. It took a hard-fought nuclear deal with the US to open that door for India in 2008.

But on July 22, 1974, Gandhi was looking ahead, and wanted to ensure that the craters formed by nuclear explosions could be used for strategic storage of oil and gas or even shale oil extraction. In her statement to Parliament, she seemed bemused by the international reaction to the first Pokharan test. "It was emphasized that activities in the field of peaceful nuclear explosion are essentially research and development programmes. Against this background, the government of India fails to understand why

India is being criticized on the ground that the technology necessary for the peaceful nuclear explosion is no different from that necessary for weapons programme. No technology is evil in itself: it is the use that nations make of technology which determines its character. India does not accept the principle of apartheid in any matter and technology is no exception."

Referring to Bhutto's letter, she scoffed at his suggestion that there was radioactivity leakage as a result of the test. "This was impossible as there was no venting of radioactivity to the atmosphere and no formation of a radioactive cloud. Moreover, the wind was blowing in the opposite direction as it normally does at this time of the year and even in theory, any hypothetical radioactivity could never have gone to Pakistan. The wind pattern on May 18, 1974 was from, repeat from, the south-west."

However, Gandhi remained ambiguous about weaponization of India's nuclear capability. In an interview to CBC, Canada, she had ducked the question. "If our scientists have the basic know-how, without which they couldn't have done this, then any government could have directed them to make a bomb if they had so desired," she had explained.

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News Network
June 24,2020

Kolkata, Jun 24: Trinamool Congress (TMC) MLA Tamonash Ghosh, who had tested positive for Covid-19 in May, died at a hospital here on Wednesday, party sources said.

He was 60.

The three-time MLA from the Falta assembly constituency in South 24 Parganas district was admitted to a hospital after he tested positive for the disease, they said.

He had several complications related to the heart and the kidney, the sources said.

"Very, very sad. Tamonash Ghosh, 3-time MLA from Falta & party treasurer since 1998 had to leave us today. Been with us for over 35 years, he was dedicated to the cause of the people & party. He contributed much through his social work," West Bengal Chief Minister and TMC supremo Mamata Banerjee tweeted.

"He has left a void that will be difficult to fill. On behalf of all of us, heartfelt condolences to his wife Jharna, his two daughters, friends and well-wishers," she added.

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March 6,2020

New Delhi, Mar 6: As panicky depositors rushed to withdraw money from Yes Bank whose control was seized by the RBI in a dramatic late-night move, Finance Minister Nirmala Sitharaman on Friday assured depositors that their money is safe and said the central bank was working for an early resolution of the crisis.

The Reserve Bank of India (RBI) on Thursday evening capped withdrawals at Rs 50,000 for the next one month and imposed strict limits on operations at the country's fourth-largest private lender that faced "regular outflow of liquidity" after an effort to raise new capital failed.

"I am in continuous interaction with the RBI. The RBI is fully seized of the matter and has assured they will give a quick resolution," Sitharaman said here.

She said no depositor will lose his or her money and insisted that the immediate priority is to ensure Yes Bank customers are able to withdraw money within the stipulated cap.

"I want to assure every depositor that their money shall be safe. Their monies are safe," she said. "I am constantly in contact with the RBI and the steps that are taken are taken in the interest of depositors, banks and economy. We are fully seized of the development."

She was talking to reporters after meeting State Bank of India (SBI) Chairman Rajnish Kumar. On Thursday, the SBI board gave its "in-principle" approval to exploring investment opportunities in Yes Bank.

"So I repeat, the depositors can be assured that their money is safe," she said.

Soon after the RBI takeover, depositors thronged Yes Bank ATMs to withdraw money and police had to be deployed in some places to control the crowds.

Yes Bank has 1,000 branches across the country.

Refusing to elaborate on her meeting with the SBI chairman, the minister said that "was on a completely different matter".

"RBI governor has given me assurance that there will be an appropriate resolution soon. No depositor will lose (money)," she said. "Reserve Bank has taken cognizance of the problem."

The central bank, she said, has gone through the "process over and over again to find out an amicable solution".

"And that has been over the last couple of months. So it is not as if they have come in suddenly now. We have been monitoring the situation," she said adding the RBI has appointed an administrator who previously was with the SBI.

"Both the RBI and the government are looking at this with all the details before them, not just today. I have personally monitored the situation over the last couple of months with the RBI. Therefore we have taken a course which will be in everybody's interest," she added.

Yes Bank had been seeking new capital since last year to bolster its ratios and quell questions about its stability due to its exposure to the non-banking finance industry entangled in a prolonged crunch in the local credit market.

The SBI chairman said the resolution to the Yes Bank crisis will come "very shortly".

"This is not a sectoral problem. It is a bank-specific problem," he said. "The RBI will take all steps to ensure financial stability."

On SBI picking up a stake in Yes Bank, he said the lender already has an in-principle approval for doing so.

"If SBI has to pick up a stake in Yes Bank, we have an in-principle approval for that," he said.

Commenting on the crisis at Yes Bank, Alka Anbarasu, Vice President – Senior Credit Officer, Financial Institutions, Moody's Investors Service, said: "RBI's moratorium on Yes Bank is credit negative as it affects timely repayment of bank depositors and creditors."

"While Moody's expects Indian authorities will take steps to prevent the weakness in the bank's viability from significantly impacting its depositors and senior creditors, the lack of a coordinated and timely action highlights continued uncertainty around bank resolutions in India," she said.

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News Network
July 20,2020

Aligarh, Jul 20: The son of a motor mechanic in Aligarh, who had received a scholarship, topped at his high school in the United States.

Mohammad Shadab, son of the motor mechanic, told ANI, "Last year, I received the Kennedy-Lugar youth exchange scholarship worth Rs 20 lakh from the US government. Following this, I went to the States to pursue my high school education."

Out of 800 students, Shadab was also selected Student of the Month at his school. On his achievement, he said, "It was an achievement for me to be awarded this tag."

"I have worked really hard to top the high school," Shabad said.

Shadab said, "The condition at home was not good and it is still not that good. I want to support my parents and make them feel proud."
He also thanked the Indian government. "I am thankful to the Indian government for making me the flag-bearer in another county and choosing me for this scholarship."

Shabad's father, Arshad Noor, who is working as a motor mechanic for the past 25 years, said, "We had sent him to the US for his education and I am happy that he topped at the school."
On being asked about his son, Arshad said, "I want my son to become an IAS officer and serve the country."

But Shadab expressed the desire to work at the United Nations as a human rights officer.

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