
Dhyeya IAS
February 1, 2025 at 09:17 AM
🇮🇳 *National Critical Mineral Mission*
Objective
📌 Mission: To establish an effective framework for India’s self-reliance in the critical mineral sector 🌏.
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💰 Budget and Investment
💸 Expenditure: ₹16,300 crore
🏗️ Expected Investment: ₹18,000 crore by PSUs and other stakeholders
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🌟 Key Highlights of the Mission
✅ Comprehensive Value Chain
The mission will cover all stages of the critical mineral value chain, including:
🌐 Exploration
⚒️ Mining
🏭 Beneficiation
🔄 Processing and Recycling
✅ Intensified Exploration
Focus on exploring critical minerals within India and its offshore areas 🌊.
✅ Streamlined Approvals
Establish a fast-track regulatory approval process for critical mineral projects 🚀.
✅ Financial Incentives
Provide financial support to boost exploration initiatives 💵.
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🌍 Strategic Goals
🌱 Sustainable Recovery
Promote recovery of minerals from overburden and tailings ♻️.
🤝 International Collaboration
Encourage PSUs and private sector companies to:
Acquire assets abroad 🌐
👍
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