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CNBC TV1830-12-2025, 22:32

PM Modi to Review Coal, Mines Ministries; Focus on Production, Critical Minerals

  • PM Modi to chair quarterly reviews of Coal (Jan 2) and Mines (Jan 3) Ministries.
  • Coal Ministry review to focus on boosting production to 1.5 billion tonnes by 2030 and improving mine efficiency.
  • Mines Ministry discussions will prioritize mineral extraction, domestic availability, and National Critical Minerals Mission (NCMM) progress.
  • Union Cabinet approved a ₹1,500 crore incentive scheme under NCMM for critical mineral recycling from secondary sources.
  • The 6-year scheme (FY26-FY31) targets e-waste, battery scrap, and vehicle parts, aiming to reduce import reliance and support new recyclers.

Why It Matters: PM Modi's review aims to boost domestic coal production and secure critical mineral supply through recycling.

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