From The New Indian Express
Center Owned by Express Publications (Madurai) Ltd.Centre approves key initiatives to support critical minerals, renewable energy, statistical efforts
What's behind this
The Union Cabinet approved a ₹14,500‑crore viability gap funding (VGF) scheme to develop grid‑scale energy storage in India. The scheme targets the creation of 92 GWh of battery storage capacity nationwide and is planned to be implemented over five years, from the 2026‑27 to the 2030‑31 financial years. It is intended to support and strengthen the country’s energy storage capabilities.
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What each side is saying
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left · 2 outlets
New Delhi: The Union Cabinet on Wednesday approved a capital expenditure support scheme to boost domestic processing of critical minerals lithium and nickel, with a total outlay of Rs 2,814 crore over five years till 2030-31. The decision was taken at a meeting chaired by Prime Minister Narendra…
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center · 5 outlets
New Delhi, Nov 4: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a capex support scheme to promote critical mineral processing with a financial outlay of Rs 2,814 crore over a period of five years. The ‘Capex Support Scheme to Promote Critical Mineral Processing…
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right · 4 outlets
The maximum capital support will be capped at Rs 500 crore per lithium beneficiary and Rs 900 crore per nickel beneficiary, respectively, according to an official statement.
— NDTV
RSS excerpt
NEW DELHI: The Union Cabinet on Wednesday approved a series of major policy initiatives aimed at strengthening India’s strategic mineral supply chains, accelerating renewable energy integration and improving access to speedy justice for women and children. Briefing media after the meeting of the…
