India Advances Critical Mineral Security: 58 Companies Eligible for Recycling Scheme

• Incentive Scheme for Promotion of Critical Mineral Recycling is a ₹1,500 crore sub-component of the National Critical Mineral Mission (NCMM), run by the Ministry of Mines to build domestic capacity to recover critical minerals from secondary sources (e-waste, Li-ion battery scrap, industrial scrap).
• Eligibility list of 58 companies released on 30 April 2026, with pledged recycling capacity of ~850 KTPA and pledged investment of ~₹5,000 crore.
• UPSC relevance: cuts across GS-III (economy, S&T, energy security, environment) and GS-II (governance of strategic resources); central to India's clean-energy transition and import-substitution narrative.