What is the total outlay of the CAPEX Support Scheme to Promote Critical Mineral Processing?
- A.Rs 1,500 crore
- B.Rs 2,800 crore
- C.Rs 2,814 crore
- D.Rs 10,000 crore
Correct answer
Explanation
The correct answer is Rs 2,814 crore. The Union Cabinet cleared the CAPEX Support Scheme to Promote Critical Mineral Processing on 4 November 2026 with exactly this outlay, spread over five financial years running from FY 2026-27 to FY 2030-31, and funded wholly from budgetary support. Option B, Rs 2,800 crore, is only the subsidy portion, made up of Rs 1,000 crore for the two lithium plants and Rs 1,800 crore for the two nickel plants; it leaves out the Rs 14 crore, or half a per cent of the outlay, set aside for administrative expenses, and the two parts together give the full figure. Option A, Rs 1,500 crore, is the size of the critical mineral recycling scheme cleared earlier under the National Critical Mineral Mission, a separate window. Option D, Rs 10,000 crore, is the investment the new scheme is expected to anchor in processing, not the money the government itself is committing.
Read the full article: CAPEX Scheme Backs Lithium, Nickel Units with Rs 2,814 Crore
Practice Questions
For which two minerals does the CAPEX Support Scheme fund processing plants?
- A.Lithium and cobalt
- B.Lithium and nickel
- C.Nickel and graphite
- D.Cobalt and rare earths
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The scheme funds four plants in all, two for lithium with a capacity of at least 30 kt each and two for nickel with a capacity of at least 50 kt each.
Read the full explanation →Who chairs the Governing Council, the apex body of the CAPEX Support Scheme for critical mineral processing?
- A.The Cabinet Secretary
- B.The Secretary, Ministry of Mines
- C.The Vice-Chairman of NITI Aayog
- D.The Secretary, Department of Public Enterprises
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The scheme has a three-tier governance structure. At the apex sits the Governing Council, chaired by the Secretary, Ministry of Mines, which gives strategic guidance, reviews progress, makes the final selection of beneficiaries and sanctions the capital support; it may also approve changes to the scheme guidelines with the Union…
Read the full explanation →The harmonised national Decision Support System proposed by the NRAA Chief Executive Officer would draw on the systems already developed by which two States?
- A.Odisha and Karnataka
- B.Gujarat and Maharashtra
- C.Rajasthan and Madhya Pradesh
- D.Telangana and Andhra Pradesh
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Dr Chandra Sekhar Kumar, the Chief Executive Officer of the National Rainfed Area Authority, called for a harmonised Decision Support System at the national level that takes in the best features of the systems built by Odisha and Karnataka, so that watershed planning across States becomes integrated.
Read the full explanation →Under WDC-PMKSY 2.0, how long is a watershed project allowed to run?
- A.Three years
- B.Five years
- C.Seven years
- D.Ten years
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Joint Secretary in the Department of Land Resources, Shri Nitin Khade, noted at the consultation that the project timeline had been brought down progressively, from seven years in the first phase of the watershed development component to five years in the second phase, and he asked for faster implementation within…
Read the full explanation →At which institute was the third national consultation on watershed management guidelines hosted on 4 and 5 November 2026?
- A.ICAR-Indian Agricultural Research Institute, New Delhi
- B.ICAR-National Bureau of Soil Survey and Land Use Planning, Nagpur
- C.ICAR-Indian Institute of Soil and Water Conservation, Dehradun
- D.National Remote Sensing Centre, Hyderabad
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The two-day consultation was organised in collaboration with this bureau and held on its campus, and its Director, Dr N.G.
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