{"id":61948,"date":"2026-05-02T14:42:45","date_gmt":"2026-05-02T09:12:45","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=61948"},"modified":"2026-05-02T15:28:33","modified_gmt":"2026-05-02T09:58:33","slug":"incentive-scheme-to-promote-critical-mineral-recycling","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/incentive-scheme-to-promote-critical-mineral-recycling\/","title":{"rendered":"Incentive Scheme to Promote Critical Mineral Recycling"},"content":{"rendered":"<h2><b>Incentive Scheme for Promotion of Critical Mineral Recycling Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Recently, the Ministry of Mines has approved 58 companies under the Incentive Scheme for Promotion of Critical Mineral Recycling as eligible for participation.\u00a0<\/span><\/p>\n<h2><b>About Incentive Scheme for Promotion of Critical Mineral Recycling<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is part of the <\/span><b>National Critical Mineral Mission<\/b><span style=\"font-weight: 400;\"> (NCMM), which is aimed at building the domestic capacity of and supply chain resilience in critical minerals.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Time Period:<\/b><span style=\"font-weight: 400;\"> The Scheme will have a <\/span><b>tenure of six years<\/b><span style=\"font-weight: 400;\"> from Financial Year <\/span><b>2025-26 to Financial Year 2030-31.\u00a0<\/b><\/li>\n<\/ul>\n<h2><b>Features of Incentive Scheme for Promotion of Critical Mineral Recycling<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Eligible feedstock is e-waste, Lithium Ion Battery (LIB) scrap, and scrap other than e-waste and LIB scraps.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Expected beneficiaries will be both <\/span><b>large, established recyclers<\/b><span style=\"font-weight: 400;\">, as well as <\/span><b>small, new recyclers (including start-ups),<\/b><span style=\"font-weight: 400;\"> for whom one-third of the scheme outlay has been earmarked.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is applicable to investments in new units as well as expansion of capacity and modernization and diversification of existing units.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It provides <\/span><b>incentive for the recycling value chain<\/b><span style=\"font-weight: 400;\">, which is involved in the actual extraction of critical minerals, and not the value chain involved in only black mass production.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The <\/span><b>incentives include a 20% capital subsidy<\/b><span style=\"font-weight: 400;\"> on <\/span><b>plant and machinery<\/b><span style=\"font-weight: 400;\"> for projects that commence production within the stipulated timeframe and an operational subsidy tied to incremental sales.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The <\/span><b>operational support<\/b><span style=\"font-weight: 400;\"> will be provided in <\/span><b>tranches\u201440%<\/b><span style=\"font-weight: 400;\"> in the second year <\/span><b>and 60% in the fifth year<\/b><span style=\"font-weight: 400;\">\u2014on meeting specific sales thresholds.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To ensure wider participation, the <\/span><b>total incentive<\/b><span style=\"font-weight: 400;\"> has been capped <\/span><b>at \u20b950 crore per large entity<\/b><span style=\"font-weight: 400;\"> and \u20b9<\/span><b>25 crore per small entity<\/b><span style=\"font-weight: 400;\">, with limits on <\/span><b>operating subsidies<\/b><span style=\"font-weight: 400;\"> of \u20b910 crore and \u20b95 crore, respectively..<\/span><\/li>\n<\/ul>\n<p><b>Source: <\/b><strong><a href=\"https:\/\/www.newsonair.gov.in\/ministry-of-mines-approves-58-companies-under-incentive-scheme-for-promotion-of-critical-mineral-recycling\/\" target=\"_blank\" rel=\"nofollow noopener\">News On Air<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Incentive Scheme for Promotion of Critical Mineral Recycling is part of the National Critical Mineral Mission (NCMM), which is aimed at building the domestic capacity of and supply chain resilience in critical minerals.<\/p>\n","protected":false},"author":23,"featured_media":61972,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[7300],"class_list":{"0":"post-61948","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-incentive-scheme-for-promotion-of-critical-mineral-recycling","9":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/61948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=61948"}],"version-history":[{"count":2,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/61948\/revisions"}],"predecessor-version":[{"id":101516,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/61948\/revisions\/101516"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/61972"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=61948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=61948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=61948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}