Story perspectives

India Launches INR1,500 Crore Scheme to Boost Mineral Recycling

9/4/2025

30 5

Summary

Story summary

India’s Union Cabinet approved a INR1,500 crore incentive scheme to boost domestic recycling of critical minerals for green energy self-reliance.
The initiative aims for an annual recycling capacity of 75,000 metric tonnes, reducing import dependency and aiding the EV industry.
It is part of the National Critical Mineral Mission, involving consultations with industry stakeholders.
The scheme is projected to create approximately 70,000 jobs and attract INR8,000 crore in investments.
Recent mining regulation amendments encourage private-sector participation in critical mineral exploration.

1 of 1

Story summary

India’s Union Cabinet approved a INR1,500 crore incentive scheme to boost domestic recycling of critical minerals for green energy self-reliance.
The initiative aims for an annual recycling capacity of 75,000 metric tonnes, reducing import dependency and aiding the EV industry.
It is part of the National Critical Mineral Mission, involving consultations with industry stakeholders.
The scheme is projected to create approximately 70,000 jobs and attract INR8,000 crore in investments.
Recent mining regulation amendments encourage private-sector participation in critical mineral exploration.