New Delhi [India], October 4 (ANI): Following approval of the Rs 1,500 crore Incentive Scheme for promotion of Critical Mineral Recycling by the Union Cabinet on September 9, the Ministry of Mines issued the Scheme Guidelines on October 2 for implementation of the said incentive scheme.

The Guidelines provide the scheme modalities, including indicative outlays for recycling systems, methodology for incentive allocation, application, evaluation and disbursement procedures, institutional mechanism, and performance review, an official release said.

The Guidelines have been finalised after detailed consultation with industry and other relevant stakeholders.

The incentive scheme is a key component of the National Critical Mineral Mission, and is aimed at developing the recycling capacity in

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