Budget 2024: Critical Minerals put on mission mode

FM Nirmala Sitharaman's budget introduces the Critical Mineral Mission with reduced import duties to boost domestic production and recycling, focusing on sectors like electronics, construction, nuclear, renewable energy, space, and defence. Offshore mineral blocks will be auctioned. Mines Minister G Kishan Reddy supports the plan, stressing its importance for enhancing India's global competitiveness in these strategic sectors.