Scheme for Partial reimbursement Flashcards

1
Q

What is this partial reimbursement related to ?

A

It is related to exploration expenses for holders of EL

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2
Q

What is EL ?

A

Exploration license

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3
Q

What does this scheme offer ?

A

50% reimbursement on expenses incurred during the exploration of critical minerals

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4
Q

How many critical minerals are there in India ?

A

30

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5
Q

Is there a max cap in this scheme ?

A

Yes.. upto 20cr

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6
Q

Where will the funds for this scheme come from ?

A

From NMET (National Mineral Exploration Trust)

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7
Q

Which committee is related to Critical minerals ?

A

VK Saraswat committee

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