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
2
Q
What is EL ?
A
Exploration license
3
Q
What does this scheme offer ?
A
50% reimbursement on expenses incurred during the exploration of critical minerals
4
Q
How many critical minerals are there in India ?
A
30
5
Q
Is there a max cap in this scheme ?
A
Yes.. upto 20cr
6
Q
Where will the funds for this scheme come from ?
A
From NMET (National Mineral Exploration Trust)
7
Q
Which committee is related to Critical minerals ?
A
VK Saraswat committee