TAG: "Union Cabinet"

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Union Cabinet Approves INR 7,280 Crore Rare Earth Magnets Manufacturing Scheme

The Union Cabinet has approved an INR 7,280-crore scheme to build India’s first integrated manufacturing ecosystem for sintered rare earth permanent magnets, targeting 6,000 MTPA capacity through sales-linked incentives, capital subsidies, and a global bidding process for five manufacturers.

Union Cabinet | November 27, 2025 | By Mrinmoy Dey | 469

Union Cabinet Rationalises Royalty Rates for Minerals Critical for Green Energy

The Union Cabinet has approved new royalty rates for graphite, caesium, rubidium, and zirconium —key minerals for green energy, electric vehicle (EV) batteries and high-tech applications – to boost domestic production and facilitate the auction of critical mineral blocks.

Union Cabinet | November 13, 2025 | By Mrinmoy Dey | 444

Cabinet Approves INR 1500 Crore Incentive Scheme to Promote Critical Mineral Recycling

The Union Cabinet has approved an INR 1,500 crore incentive scheme under the National Critical Mineral Mission to boost recycling capacity for extracting critical minerals from secondary sources like e-waste, lithium-ion battery scrap and catalytic convertors in end-of-life vehicles.

Union Cabinet | September 04, 2025 | By Mrinmoy Dey | 2410

Union Cabinet Empowers NTPC to Invest up to INR 20,000 Cr in its Renewables Arm NGEL

The Cabinet Committee on Economic Affairs has approved enhanced investment powers for NTPC, allowing it to infuse up to INR 20,000 crore into its subsidiary NTPC Green Energy to fast-track renewable capacity addition toward a 60 GW target by 2032.

Union Cabinet | July 16, 2025 | By Mrinmoy Dey | 1167

Union Cabinet Approves Investment Exemption for NLC India Enabling INR 7,000 Cr Investment in NIRL

The Cabinet Committee on Economic Affairs has approved a special exemption allowing NLC India to invest INR 7,000 crore in its subsidiary NLC India Renewables (NIRL) without prior approval, boosting its push toward a 32 GW green energy portfolio by 2047.

Union Cabinet | July 16, 2025 | By Mrinmoy Dey | 642

Union Cabinet Approves Launch of INR 16,300 Crore National Critical Mineral Mission

The Union Cabinet has approved the National Critical Mineral Mission (NCMM) with an expenditure of INR 16,300 crore and an expected investment of INR 18,000 crore to secure essential minerals for clean energy technologies, boosting domestic exploration, mining, and processing.

Union Cabinet | January 29, 2025 | By Mrinmoy Dey | 1457