SchemesSaturday, 2 May 2026·https://testbook.com/current-affairs/02-may-2026-daily-current-affairs
Ministry of Mines cleared 58 firms under ₹1,500 crore scheme to recycle lithium-ion batteries and e-waste
The Ministry of Mines approved 58 companies under a ₹1,500 crore incentive scheme for recycling lithium-ion batteries and e-waste.
Key highlights
Direct fact
In May 2026, the Ministry of Mines approved 58 companies under a ₹1,500 crore incentive scheme to recycle lithium-ion batteries and e-waste.
Key specifics
- The scheme was approved by the Ministry of Mines in May 2026.
- It covers 58 companies selected for recycling projects.
- The incentive outlay is ₹1,500 crore.
- The focus materials are lithium-ion batteries and e-waste.
- The scheme is linked to recycling and circular economy objectives.
Exam lens
Question type: scheme and ministry match, amount-based MCQ, environment-economy overlap; remember Ministry of Mines, 58 companies, ₹1,500 crore, lithium-ion batteries, e-waste.