National Critical Mineral Mission (NCMM)

In February 2025, the Union Cabinet approved the National Critical Mineral Mission (NCMM) to secure India's critical mineral supply chain, aligning with a key 2024-25 Budget initiative.

Aim of the Mission: The mission aims to strengthen domestic capabilities, reduce import dependence, and ensure a resilient supply chain for industries such as renewable energy, electric vehicles (EVs), defense, and semiconductors.

Key Features of NCMM

Strengthening the Critical Mineral Value Chain

  • Covers exploration, mining, processing, recycling, and recovery from end-of-life products.
  • Ensures supply security through both domestic extraction and global acquisitions.

Financial and Regulatory Reforms

  • Financial incentives to promote critical mineral exploration and ....
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