The Ministry of Mines on Saturday claimed it has issued the standards for the 1, 500 crore incentive scheme to promote crucial mineral recycling, as the country aims to decrease its dependence on various other nations in the field.
The standards offer the scheme techniques including a sign outlays for recycling systems, approach for reward allocation, application, examination and disbursement procedures, institutional device, and performance testimonial, according to a main statement.
The standards have actually been settled after thorough appointment with industry and various other pertinent stakeholders, the statement said.
The reward plan, which was authorized by the Union Closet on September 3, 2025, is a crucial part of the National Important Mineral Goal , and is focused on establishing the reusing ability in the nation for separation and manufacturing of vital minerals from additional sources.
Eligible feedstock source is e-waste, spent Lithium-ion Batteries (LiB), and various other scrap material. Anticipated beneficiaries will be both big and recognized recyclers, and small and brand-new recyclers including startups. The scheme will be applicable to investments in brand-new systems along with growth of capacity/modernisation and diversity of existing units.
The system rewards will be implied for the recycling worth chain which is into the actual removal of important minerals, and not the worth chain associated with only black mass manufacturing, the declaration explained.
With the issue of the comprehensive standards, the plan is now open for applications effective from October 2, 2025 for a duration of six months up to April 1, 2026 The plan guidelines and the web link to apply are readily available on the Ministry of Mines’ site.
In order to guarantee greater number of recipients, total incentive (Capex plus Opex subsidy) per entity will certainly be subject to a general ceiling of 50 crore for large entities and 25 crore for tiny entities, within which there will be a ceiling for Opex subsidy of 10 crore and 5 crore, specifically.
In regards to essential results, the plan incentives are anticipated to create a minimum of 270 kilo tonne of annual recycling capability causing around 40 kilo tonne annual essential mineral manufacturing, generating concerning 8, 000 crore of financial investment and producing near 70, 000 straight and indirect jobs.