Page 51 - Policy Economic Report - December 2024

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healthcare sector, India has introduced advanced isotopes for cancer treatment, while in the defense
sector, atomic energy processes have been used to develop cost-effective, lightweight bulletproof jackets.

The Union Minister also underscored India’s abundant thorium reserves, which constitute 21% of the
global total. Indigenous projects like "Bhavani" are being developed to harness this resource, reducing
dependence on imported uranium and other materials. He acknowledged the challenges in implementing
atomic power projects, such as land acquisition, forest clearances, and equipment procurement, but
reaffirmed the government’s commitment to addressing these issues. He noted that nine atomic power
projects are currently under construction, with several others in the pre-project stage, demonstrating
India’s dedication to expanding nuclear energy capacity.

Dr. Jitendra Singh provided a historical perspective, highlighting projects like the Kudankulam Nuclear
Power Plant, which gained momentum post-2014 under the leadership of Prime Minister Narendra Modi.
He reiterated India’s commitment to peaceful purposes of atomic energy, as envisioned by Dr. Homi
Bhabha, and emphasized leveraging nuclear energy for sustainable development while aligning with the
vision of "One Nation, One Government."

This progress underscores India’s resolve to achieve energy self-sufficiency, drive innovation, and
contribute significantly across sectors through the peaceful applications of nuclear energy.

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Research, analysis & compilation by:

Economic Policy & Planning Team - FIPI

Email: pankhuri@fipi.org.in

Note: The information contained herein is compiled from various sources considered reliable, but its
accuracy and completeness are not warranted, nor are the opinions and analyses that are based on it. FIPI
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reliance on information or any statement contained herein. While reasonable care has been exercised to
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