Union Budget 2026: India charts rare earth mineral-corridors to break China’s monopoly New Delhi, Feb 1 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Sunday unveiled a significant initiative designed to reshape India’s engagement with critical minerals. During her budget presentation in the Lok Sabha, she announced that the government will extend support to the mineral-rich states of Odisha, Kerala, Andhra Pradesh, and Tamil Nadu in establishing specialised rare earth corridors. These corridors are intended to serve as all-encompassing hubs that will cover the complete value chain of rare earth development, including mining, processing, research, and advanced manufacturing.

Union Budget 2026: India charts rare earth mineral-corridors to break China’s monopoly #UnionBudgetIndia #Chinas #socialnewsxyz

Union Budget: India Inc should match pace and intent of govt, says SBI report New Delhi, Jan 25 (SocialNews.XYZ) India Inc should match the pace and intent of the central government in terms of visualising for the next 50 years, that has frontloaded building robust infrastructure across physical-technical-social space, ensuring traction among various income groups, an SBI report has suggested ahead of the Union Budget 2025-26. Good profitability post pandemic, and viable financing options through a mix of sources (a resilient, deep and vibrant capital markets in harmony with a strong banking system that has got its mojo back) augurs well for the investments that harness India’s strategic pitching for becoming the manufacturer of the new world order, said SBI Research in its note.

Union Budget: India Inc should match pace and intent of govt, says SBI report #UnionBudgetIndia #SBI #socialnewsxyz