India targets import dependence in rare-earth magnets, energy as structural reforms continue: Shaktikanta Das

New Delhi, Oct 4 (UNI) India is working to build domestic capacity in critical sectors where it remains dependent on imports, including rare-earth permanent magnets, while continuing with structural reforms aimed at strengthening macroeconomic and financial stability, Principal Secretary-2 to the Prime Minister Shaktikanta Das said. Speaking at the Kautilya Economic Conclave, Das said the government was focusing on developing long-term domestic capabilities in areas that are strategically important and vulnerable to external supply disruptions. "India has done a lot on domestic capacity where we were largely import dependent," Das said, highlighting rare-earth permanent magnets as one of the key…