Cabinet approves critical mineral processing support scheme
The Union Cabinet approved a ₹2,814 crore capital-expenditure support scheme for domestic critical mineral processing. The scheme will operate until financial year 2030–31. It is intended to expand processing capacity within India and reduce dependence on overseas supply chains. Critical minerals are important for electronics, renewable energy, electric vehicles and defence technologies. The initiative focuses on strengthening value addition beyond mineral extraction. It is relevant to India’s broader strategy for supply-chain resilience and strategic resource security.
Try the question
What is the approved outlay of the domestic critical mineral processing support scheme?
Answer: (b) ₹2,814 crore
The Cabinet approved ₹2,814 crore for the scheme.