Economy
India to finalise critical mineral stockpiling policy within a month

India to finalise critical mineral stockpiling policy within a month

The Indian Express56m
THE BRIEF
1

The Centre plans to finalise a new policy on stockpiling critical minerals within a month to cut import dependency and manage supply risks.

2

India's National Critical Minerals Mission proposed allocating Rs 500 crore over seven years to build a strategic reserve of at least 5 minerals.

3

To expand domestic processing, the government identified Andhra Pradesh, Odisha, Gujarat, and Maharashtra to set up dedicated processing plants.