The central government has approved the National Critical Mineral Mission with an expenditure of Rs 163 billion to focus on mineral exploration, mining, beneficiation, processing and recovery from end-of-life products. PSUs and private companies are expected to invest Rs 180 billion in the initiative. The Geological Survey of India (GSI) has conducted 368 exploration projects for critical minerals over the past three years, with 195 projects under way in 2024-25. For 2025-26, GSI plans to undertake 227 projects. The Ministry of Mines has auctioned 24 strategic mineral blocks following amendments to the Mines and Minerals (Development and Regulation) Act, 1957. The mission will also expedite regulatory approvals, provide financial incentives for exploration and establish mineral processing parks.
Demand Uptick: Industry perspective on key trends in the green hydrogen space
Driven by global demand, government incentives and technological progress, India is poised to emerge as a key player in the green hydrogen space, not only as a user of green hydrogen, but also as an […]
Views of Captain S. Divakar: “DCI has long served as the backbone of India’s dredging industry”
India’s maritime sector is a vital driver of economic growth, anchored by over 11,000 km of coastline, 12 major ports, and more than 200 minor and intermediate port facilities. Nearly 90 per cent of the […]
Port Rules: Key policy and regulatory developments
The ports and shipping sector is a key driver of trade in India. More than 90 per cent of India’s international cargo trading by volume is done via maritime transport. The government has taken many […]