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Incentive scheme soon for rare earth production
The New Indian Express Vellore
|June 25, 2025
WITH the rare earth material supply crisis looming large, the government will roll out a scheme to subsidise domestic production of rare earth magnets in 15-20 days, heavy industries minister H D Kumaraswamy said on Tuesday.
The minister said consultation with stakeholders is underway to decide the amount of incentive programme. As per ministry officials, if the total incentive crosses ₹1,000 crore, the scheme will be sent to the Union cabinet for approval.
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MÁS HISTORIAS DE The New Indian Express Vellore
The New Indian Express Vellore
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The New Indian Express Vellore
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The New Indian Express Vellore
9.8K of total 31K beggars rescued since '23, House told
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The New Indian Express Vellore
18 Nagas held captive in row with Kukis
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The New Indian Express Vellore
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