NITI Aayog proposes incentives for processing and refining of minerals in lithium-ion batteries
NITI Aayog has proposed incentives in the form of tax benefits and a production linked incentive scheme to encourage production and refining of critical minerals used in lithium-ion batteries. In addition, the Aayog has called for the development of strong supply chains of critical minerals and raw materials to boost the domestic lithium-ion battery manufacturing industry.
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