Expanded Exemptions for Clean Energy Firms, Rs.400 Crore Allocated to National Critical Minerals Mission
In a move to bolster small and medium enterprises in the clean energy sector, Union Finance Minister Nirmala Sitharaman has announced expanded exemptions from basic customs duty on cobalt powder, lithium-ion battery scrap, lead, zinc, and 12 other critical minerals. This builds on the July 2024 Budget, where 25 minerals not available domestically were exempted…