NDTV·2 min read·medium

Cabinet Approves Rs 2,814-Crore Scheme For Critical Mineral Processing

✦AI Summary

The Indian Cabinet has approved a Rs 2,814-crore scheme to support the processing of critical minerals. The initiative provides significant capital subsidies for lithium and nickel processing projects.

Why it matters

This investment is a strategic move to secure supply chains for battery manufacturing and support the transition to green energy technologies.

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The maximum capital support will be capped at Rs 500 crore per lithium…

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