Statement-I is correct because India has significant coal reserves which contribute to about 70% of its electricity generation, while uranium deposits, despite being present, are not sufficient to meet the nuclear fuel demand and are not the primary source of energy. Statement-II is incorrect because the enrichment level required for most nuclear reactors to produce electricity is typically around 3-5% U-235, not the 60% stated, as such high enrichment is primarily used for military applications or specific research reactors. This distinction highlights the misinterpretation of nuclear energy production requirements and underscores the reliance on fossil fuels in India's energy landscape.