FICCI hails Govt's Rs 1,500 crore scheme for critical mineral recycling

The Federation of Indian Chambers of Commerce and Industry (FICCI) President, Harsha Vardhan Agarwal, lauded the government's decision to approve the Rs 1,500 crore Incentive Scheme to promote Critical Mineral Recycling in the country and termed it a "landmark step."

- TDG NETWORK

"It is a landmark step by the government. From the industry perspective, we are very positive and bullish about the step, the government has taken," Agarwal said.

The Union Cabinet, chaired by Prime Minister Narendra Modi, on September 3, approved a Rs 1,500 crore Incentive Scheme to develop recycling capacity in the country for the separation and production of critical minerals from secondary sources.

This scheme 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.