India, Oct. 6 -- Following approval of the Rs. 1,500 crore Incentive Scheme for promotion of Critical Mineral Recycling by the Union Cabinet last month, the Indian Ministry of Mines has issued the Scheme Guidelines for its implementation.

The guidelines provide the scheme modalities, including indicative outlays for recycling systems, methodology for incentive allocation, application, evaluation and disbursement procedures, institutional mechanism, and performance review.

The guidelines have been finalised after detailed consultation with industry and other relevant stakeholders, read a statement issued by the Indian government.

The incentive scheme is a key component of the National Critical Mineral Mission, and is aimed at developing...