Unearth the transformative power of a recent discovery that could dramatically reshape India’s Electric Vehicle market and push the country closer to energy independence. Larger lithium reserves, now discovered in Rajasthan’s Degana region, have the potential to meet about 80% of India’s lithium demand. This element is essential for EV batteries and the country’s ambitious goal of 30% EV adoption by 2030. These significant findings, coupled with the first major mineral discovery in India’s Jammu and Kashmir, were possible due to the Mines Ministry’s renewed focus on rare earths.
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3 Apr 2023The discovery of 5.9 million tonnes of lithium in Jammu & Kashmir is a major boost for India’s electrification plans but mining is a high-risk, high-reward game in the ecologically sensitive Himalayas
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1 min read4 Feb 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared