Cabinet Approves 'National Critical Mineral Mission' to build a resilient Value Chain for critical mineral resources vital to Green Technologies, with an outlay of Rs.34,300 crore over seven years

Cabinet Approves 'National Critical Mineral Mission' to build a resilient Value Chain for critical mineral resources vital to Green Technologies, with an outlay of Rs.34,300 crore over seven years

Daily Current Affairs   /   Cabinet Approves 'National Critical Mineral Mission' to build a resilient Value Chain for critical mineral resources vital to Green Technologies, with an outlay of Rs.34,300 crore over seven years

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Category : National Published on: January 31 2025

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  • The National Mission on Critical Minerals (NCM) has been launched by the Government of India with an expenditure of ₹16,300 crores, which will cover all stages of the mineral sector's value chain, including mineral exploration, mining, processing, and recycling. 
  • The objective of this mission is to enhance self-reliance in critical minerals in India and to encourage public and private sector companies to acquire and trade in foreign mineral resources.
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