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Incentive scheme soon for rare earth production

The New Indian Express Mysuru

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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.

- ENS ECONOMIC BUREAU@ New Delhi

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.

MEER VERHALEN VAN The New Indian Express Mysuru

The New Indian Express Mysuru

The New Indian Express Mysuru

Airspace shutdown pushes Iranians and travellers to Turkey land border

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The New Indian Express Mysuru

Israel hits Lebanon after Netanyahu promises 'surprises'

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The New Indian Express Mysuru

Delhi HC to hear suit against SAP next week

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The New Indian Express Mysuru

With little luck, Abhishek shines when it matters

LUCK.

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2 mins

March 09, 2026

The New Indian Express Mysuru

Indian drug nexus targeting European darknet busted

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time to read

1 mins

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The New Indian Express Mysuru

‘AI agents will make traditional core banking, payment systems dated’

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The New Indian Express Mysuru

THREE JOURNEYS, ONE FORCE: HOW EDUCATION REWRITES FUTURES

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1 mins

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The New Indian Express Mysuru

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National tiger body to help create MP-Rajasthan cheetah corridor

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time to read

1 mins

March 09, 2026

The New Indian Express Mysuru

The New Indian Express Mysuru

Himanta announces sops for women, 40 lakh to receive ₹9,000 on Mar 10

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time to read

1 min

March 09, 2026

The New Indian Express Mysuru

The New Indian Express Mysuru

Govt seeks ‘donations’ for Ramayana archive

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time to read

2 mins

March 09, 2026

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