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₹1,500 Crore Push: Ministry of Mines Unveils Incentive Scheme for Critical Mineral Recycling

Written by: Team Angel OneUpdated on: 6 Oct 2025, 7:49 pm IST
₹1,500 crore incentive scheme launched by Ministry of Mines to enhance critical mineral recycling from e-waste and batteries.
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The Ministry of Mines has launched a significant ₹1,500 crore scheme aimed at initiating critical mineral recycling across India. This initiative seeks to bolster recycling capacity from secondary sources such as e-waste and used lithium-ion batteries, promoting sustainability and resource efficiency in the mineral sector.

₹1,500 Crore Scheme Targets Recycling of Key Minerals

The new scheme by the Ministry of Mines aims to strengthen the nation’s recycling ecosystem for critical minerals. Covering the extraction of materials from e-waste, spent lithium-ion batteries, and industrial scrap, the initiative focuses on enhancing self-sufficiency in mineral resources essential for clean energy technologies. The incentive programme will support both newly established and expanding recycling operations, with a strong emphasis on involving start-ups and MSMEs.

Key Guidelines and Application Process

The guideline document provides a well-defined structure for incentive allocation. It includes the eligibility criteria, application process, evaluation benchmarks, disbursement steps, and final reporting formats. The application window for availing the scheme’s benefits is open from October 4, 2025, and will close on April 1, 2026. Support from the scheme will be extended to various stakeholders, increasing participation throughout the recycling value chain.

Read More: Renewable Energy Ministry Orders Reissue of Solar Tenders to Enforce Local Cell Rule!

Monitoring and Institutional Oversight Mechanisms

The initiative includes a robust institutional framework to ensure proper implementation. A dedicated committee will supervise project approvals, track performance metrics, and recommend policy adjustments when necessary. Periodic audits and progress reports will ensure transparency and accountability in the scheme's execution.

Goal of Resource Security and Circular Economy

This scheme plays a crucial role in reducing dependency on imported critical minerals by recovering materials domestically. It also aligns with India’s broader goal of achieving a circular economy, integrating recycling within the mineral management system, and contributing to environmental responsibility and economic growth.

Conclusion

The ₹1,500 crore critical mineral recycling scheme is a strategic move by the Ministry of Mines to strengthen India’s ability to recover and reuse valuable resources from secondary sources. It promotes innovation, supports industry players, and enhances resource efficiency for future-ready industries.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Oct 6, 2025, 12:52 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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