New Delhi, Jan. 29 -- The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the launch of the National Critical Mineral Mission (NCMM) with an expenditure of Rs.16,300 crore and expected investment of Rs.18,000 crore by PSUs, etc.

According to the Cabinet, as part of the Atmanirbhar Bharat initiative, and recognizing the indispensable role of critical minerals in high-tech industries, clean energy, and defence, the Government of India has undertaken several initiatives over the past two years to address challenges in the critical minerals sector.

There is a need to establish an effective framework for India's self-reliance in the critical mineral sector. In line with this vision, the Finance Minister announced the set...