Current Affairs · Government Schemes
Consider the following statements regarding the incentive scheme for promoting critical mineral recycling approved by the Union Cabinet in September 2025: 1. The Union Cabinet approved a ₹1,500 crore incentive scheme to develop recycling capacity for critical minerals from secondary sources. 2. The scheme is managed by the Ministry of Mines under the National Critical Mineral Mission (NCMM) to enhance domestic capacity and supply chain resilience. 3. The incentives comprise a 20% Capex subsidy on plant and machinery, and an Opex subsidy providing 40% in the second year and the balance 60% in the fifth year. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 and 3 only
- 22 and 3 only
- 31, 2, and 3✓
- 41 and 2 only
Correct answer
1, 2, and 3
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