Ministry of Mines cleared 58 firms under ₹1,500 crore scheme to recycle lithium-ion batteries and e-waste

Direct fact

In May 2026, the Ministry of Mines approved 58 companies under a ₹1,500 crore incentive scheme to recycle lithium-ion batteries and e-waste.

Key specifics

• The scheme was approved by the Ministry of Mines in May 2026.
• It covers 58 companies selected for recycling projects.
• The incentive outlay is ₹1,500 crore.
• The focus materials are lithium-ion batteries and e-waste.
• The scheme is linked to recycling and circular economy objectives.

Exam lens

Question type: scheme and ministry match, amount-based MCQ, environment-economy overlap; remember Ministry of Mines, 58 companies, ₹1,500 crore, lithium-ion batteries, e-waste.