Development of 3 Lakh Ton Annual Recycling Capacity for Critical Mineral Extraction Envisaged from the ₹1,500 crore Incentive Scheme

Key Points

1. ₹1,500 crore Incentive Scheme for Critical Mineral Recycling is being implemented.
2. The scheme aims to develop a 3 Lakh Ton annual recycling capacity.
3. The Union Cabinet approved the scheme on **03.09.2025**.
4. The scheme was launched on **02.10.2025** and is open for applications until **01.04.2026**.
5. Jawaharlal Nehru Aluminium Research, Development & Design Centre (**JNARDDC**), Nagpur is the Project Management Agency (**PMA**) for the scheme.
6. A stakeholder consultation was held on **21.11.2025** with participation from start-ups, recyclers, and technology providers.