Q. With reference to Critical Mineral Mission, which of the following statement(s) is/are correct?
1.The mission aims to enhance exploration and mining activities within India to increase the domestic output of critical minerals.
2.Under the mission, India seeks to establish long-term supply contracts with South-East Asian countries.
Select the correct answer using the codes given below:
Answer: A
Notes:
Explanation –
Statement 1 is correct. One of the primary objectives of the Critical Mineral Mission is to boost domestic production by enhancing exploration and mining activities within India. This initiative aims to reduce import dependency and ensure a stable supply of critical minerals for various industries.
Statement 2 is incorrect. While the Critical Mineral Mission does aim to secure international supplies through long-term contracts, the focus has been primarily on resource-rich countries, especially in Africa, rather than South-East Asia. The mission involves engaging with mineral-rich countries to secure a stable supply of critical minerals.
Source: The Hindu