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New Delhi: The Centre on Wednesday said it has approved royalty rates of 3 per cent each for lithium and niobium and 1 per cent for Rare Earth Elements (REEs). The decision on the royalty rates for the three critical and strategic minerals was taken by the Union Cabinet chaired by Prime Minister Narendra Modi, according to an official statement. The royalty
In a post on X, the prime minister said, "The Cabinet decision on establishing Mera Yuva Bharat (MY Bharat) will go a long way in furthering youth-led development and giving wings to the aspirations of our talented Yuva Shakti."
New Delhi: The government has approved royalty rates for mining of three critical and strategic minerals- Lithium, Niobium, and Rare Earth Elements (REEs). This will enable the Central Government to auction blocks for Lithium, Niobium, and REEs for t
The Union Cabinet has approved the establishment of an autonomous body 'MY Bharat' to serve as an overarching enabling mechanism to ensure youth-led development, Union minister Anurag Thakur said
Today’s approval of the Union Cabinet of specification of rate of royalty will enable the central government to auction blocks for Lithium, Niobium and REEs for the first time in the country, it added.