Cabinet clears Rs 2,814-cr scheme to boost domestic Lithium and Nickel processing

New Delhi, Nov 4 (UNI) The union Cabinet on Wednesday approved a Rs 2,814-crore scheme to expand India's domestic critical mineral processing capabilities, with a special focus on lithium and nickel, in a major push to reduce import dependence and strengthen supply chains for strategically important industries. The five-year 'Capex Support Scheme to Promote Critical Mineral Processing', covering the period from 2026-27 to 2030-31, aims to facilitate the establishment of commercial-scale processing facilities in the country and attract private investment in a sector considered crucial to India's economic and technological security. Announcing the decision after the Cabinet meeting, Information and…