India Finalizes ₹1,500 Crore Incentive Scheme for Critical Minerals Recycling

India is set to launch a ₹1,500 crore incentive scheme aimed at boosting the recycling of 24 critical minerals, including lithium, cobalt, and rare earth elements. The initiative, which is in its final approval stages, is expected to strengthen India’s clean energy transition and reduce dependency on imports.

 

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India’s critical minerals recycling scheme is a major step toward resource self-reliance, ensuring sustainability, industrial growth, and energy security. The policy is expected to accelerate India’s transition to a circular economy, reinforcing its commitment to green technologies.

 

Source: Economic Times, Angel One, Vajiram & Ravi.