Cabinet approves Rs 1,500 crore scheme for critical mineral recycling
The Union Cabinet has cleared a six-year, Rs 1,500 crore incentive scheme to boost domestic recycling of critical minerals from secondary sources. Part of the National Critical Mineral Mission, the scheme will support extraction from e-waste, lithium-ion battery scrap, and end-of-life vehicle parts. Incentives include a 20% capital subsidy for new and expanded units, and operating subsidies linked to sales. Large entities can claim up to Rs 50 crore, while small entities are capped at…

