Parliament panel flags funding gap in uranium hunt, seeks priority boost for AMDER

The metals sector, particularly those involved in strategic minerals like uranium, is crucial for India's energy independence. A funding gap in uranium exploration could create long-term supply chain risks for India's nuclear power ambitions.

• •A parliamentary panel flagged a funding gap for AMDER's uranium exploration.
• •Underinvestment in uranium exploration could threaten India's nuclear energy future.
• •The committee recommends restoring Rs 118.18 crore for AMDER.
• •Reduced investment now means a fuel supply bottleneck later, impacting energy security.
• •Risk flag: Government policy changes regarding funding for strategic minerals.