Budget 2026: Odisha, Kerala, Andhra, Tamil Nadu to have dedicated rare earth corridors
New Delhi [India], February 1 (ANI): Finance Minister Nirmala Sitharaman has proposed to support mineral rich states such as Odisha, Kerala, Andhra Pradesh, and Tamil Nadu to establish dedicated rare earth corridors.
A scheme for rare earth permanent magnets was launched in 2025 November.
The Government had approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet' with a financi