PM Modi to Chair Crucial Review of Coal, Mines Ministries This Week
Economy
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CNBC Awaaz31-12-2025, 00:01

PM Modi to Chair Crucial Review of Coal, Mines Ministries This Week

  • Prime Minister Narendra Modi will conduct quarterly reviews of the Ministry of Coal (Jan 2) and Ministry of Mines (Jan 3) this week.
  • Coal Ministry review to focus on boosting production to 1.5 billion tons by 2030, improving mine efficiency, and rehabilitating closed mines.
  • Mines Ministry discussions will prioritize mineral extraction, separation via smelters, and progress of the National Critical Minerals Mission (NCMM).
  • Cabinet approved a ₹1,500 crore incentive scheme in September for critical mineral recycling from secondary sources (e-waste, Li-ion battery scrap).
  • The 6-year scheme (FY26-FY31) aims to strengthen domestic supply chains, reduce imports, and allocates one-third funds to small/new recyclers.

Why It Matters: PM Modi's reviews aim to boost domestic production and secure critical mineral supply.

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