The whole world needs a break from Oil based energy and more for BRIC countries. In this context everyone is watching Dr Manmohan Singh’s Government to conclude the Indo-US nuclear deal. Eventhough the percentage of power generated through nuclear reactors will be a mere 10% of the total power generated in its peak production, the deal brings an immense opportunity to co-operate big time in trade between the developed nations and India. The deal is symbolic in that respect and will bring in huge investments and consumption in India.

The Congress led coalition in New Delhi is dancing with a fragile majority support in Parliament especially with the Communist parties clearly intending to pull out support. This delicate balance is a test for India and the whole world will watch the Indian democracy in action. Can Congress do it ? Will Manmohan Singh have his way ? This is will be a historic agreement with the US and rest of the world and clearly lay a foundation of the economic power shift in to BRIC nations. The agenda is open for BRIC to set it.