Key features

1.India can have nuclear cooperation & trade with US and others WITHOUT Compromising its Weapons Program.
2. India need not sign NPT or put its nuclear facilities under full time safeguards.
3. Assured Fuel supplies for its civilian nuclear reactors.
4. It allows India to reprocess and recycle spent fuel.

Good points for India with Strategic implications-

1. India gets access to more diversified sources of energy. It breaks open a regime that blocked India’s access to high technology after 1974.
2. High tech and dual use of tech in sectors like IT, space, defense, pharmaceuticals.
3. India will get recognition as state with advanced nuclear technology.
4. The deal WONT be offered to Pakistan.
5. It gets to keep its present nuclear weapons.
6. It wont be a relegated to a pariah state.
7. The deal allows India to achieve its 20,000 MW of power by 2020.Also its clean energy savings on the carbon emission wil be big.

US interests –

1. Rise of India helps US in the post cold war world ; India and the US on the same side.
2. The United States held India’s attitude to Iran to be a test. India responded by voting against Iran not once, but twice, in the International Atomic Energy Agency (IAEA).
3. US firms can partner India in high tech ventures(including sectors of civilian nuclear energy, strategic economic alliance, Defense exercises) which right now are forbidden at present.

Fall out of the treaty happens when –

1. If India conducts a Nuclear test.
2. The bar on the test would be upheld by the Nuclear Suppliers’ Group.