Prøve GULL - Gratis
Govt charts out new corridor for domestic rare earths supply
Hindustan Times Noida
|February 02, 2026
THE MOVE WAS PART OF A SUITE OF CUSTOMS DUTY EXEMPTIONS AIMED AT STRENGTHENING INDIA’S CRITICAL MINERALS AND CLEAN ENERGY INFRASTRUCTURE
NEW DELHI: Union finance minister Nirmala Sitharaman on Sunday proposed establishing dedicated rare earth corridors in Odisha, Kerala, Andhra Pradesh and Tamil Nadu to counter constrained global supply chains.
The move was part of a suite of incentives, including customs duty exemptions aimed at strengthening India’s critical minerals and clean energy infrastructure.
The mineral-rich states will receive support to promote mining, processing, research and manufacturing of rare earths. Simultaneously, the government will exempt customs duties on capital goods required for processing critical minerals and various renewable and nuclear energy materials.
Denne historien er fra February 02, 2026-utgaven av Hindustan Times Noida.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Hindustan Times Noida
Hindustan Times Noida
Pollution allocation shows lack of seriousness: Experts
EXPERTS SAID ALLOCATION FALLS SHORT AT A TIME WHEN SEVERAL CITIES ARE GRAPPLING WITH ‘POOR’ TO ‘VERY POOR’ AIR QUALITY
2 mins
February 02, 2026
Hindustan Times Noida
Govt charts out new corridor for domestic rare earths supply
THE MOVE WAS PART OF A SUITE OF CUSTOMS DUTY EXEMPTIONS AIMED AT STRENGTHENING INDIA’S CRITICAL MINERALS AND CLEAN ENERGY INFRASTRUCTURE
1 mins
February 02, 2026
Hindustan Times Noida
Message from government: Growth leads consumption
This budget will provide fresh energy and speed to the reform express on which India is riding today
3 mins
February 02, 2026
Hindustan Times Noida
New FC formula: States see reversal of fortunes
The biggest story of the day may well be the recommendations of the 16th Finance Commission, headed by Arvind Panagariya, that have been accepted by the government and which, while keeping the share of states the same as in the 15th Finance Commission, has sought to address challenges to the fiscal federalism framework — mostly arising from high-performing states feeling shortchanged.
1 min
February 02, 2026
Hindustan Times Noida
16th FC receives mixed reactions from states
The 16th finance commission’s decision to tweak the formula for devolution of taxes to states received a mixed response on Sunday with some states welcoming the changes that resulted in a higher share for some provinces and others criticising the move to do away with revenue deficit grants and state-specific grants.
2 mins
February 02, 2026
Hindustan Times Noida
Slew of announcements to give a fillip to tourism sector
Union finance minister Nirmala Sitharaman described the tourism sector as key for employment generation and regional development.
2 mins
February 02, 2026
Hindustan Times Noida
Diaspora can now invest more in local equities
India is seeking to draw more money from its overseas nationals into local equities as global funds pull back amid concerns over corporate earnings and more attractive returns elsewhere.
1 mins
February 02, 2026
Hindustan Times Noida
Textiles, leather, seafood gain in big export focus
India’s labour-intensive industries such as textiles, seafood, footwear and leather goods received a boost from budget proposals that cut customs duty on scores of inputs, a move aimed at enhancing their competitiveness in the international market, especially the US, where the Trump administration's 50% tariffs pose a high barrier.
3 mins
February 02, 2026
Hindustan Times Noida
U-I9 World Cup: India enter semis after beating Pak
A clinical India trounced a listless Pakistan by 58 runs to enter yet another semifinal of the under-19 World Cup in Bulawayo on Sunday.
2 mins
February 02, 2026
Hindustan Times Noida
How this year’s FC chose stability over disruption
The Finance Commission of India (FC) is one of India’s most credible institutions.
4 mins
February 02, 2026
Listen
Translate
Change font size