India and Australia have sealed Nuclear-deal procedures for supply of uranium from later to energy starved India. N-deal procedures were formally completed between both countries following a bilateral meeting between Prime Minister Narendra Modi and his counterpart Malcolm Turnbull in Antalya, Turkey on the sidelines of the G-20 Summit. Following the conclusion of the agreement, India has become the first country to buy Uranium from Australia without being a signatory to the Nuclear Non-proliferation Treaty (NPT).
Other Agreements:-
- India and Australia had started talks on the Civil Nuclear Cooperation Agreement in 2012 after Australia had lifted the long-standing ban on selling uranium to energy-starved India.
- The cooperation agreement was signed between two countries in September 2014 to sell uranium as a nuclear fuel for peaceful power generation.
- It should be noted that Australia has about a 40 percent of world’s recoverable uranium resource and annually exports around 7,000 tonnes of it.
- In India, nuclear energy contributes just 3% of its electricity generation and it has currently signed nuclear energy agreements with 11 countries.
- Presently, India imports uranium from France, Russia and Kazakhstan to supply fuel to its two dozen small reactors at six sites with a total capacity of 4,780 MW which accounts for 2% of its total power capacity.
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Which state recently banned on Sale of Gutkha, Pan Masala flavored or scented tobacco and kharra?
