<h4>Introduction to the National Critical Mineral Mission</h4><p>The <strong>National Critical Mineral Mission (NCMM)</strong> represents a significant strategic initiative by the <strong>Union Cabinet</strong> of India. This mission is designed to enhance the nation's capabilities and self-reliance in the crucial domain of <strong>critical minerals</strong>.</p><div class='info-box'><p>The <strong>Union Cabinet</strong> has officially approved the <strong>National Critical Mineral Mission (NCMM)</strong>. This approval signifies a major step towards securing India's mineral future.</p></div><h4>Mission Objectives and Vision</h4><p>The primary objective of the <strong>NCMM</strong> is to bolster India's self-sufficiency in the supply and processing of <strong>critical minerals</strong>. This aligns directly with the broader national vision of <strong>Atmanirbhar Bharat</strong>, emphasizing self-reliance across various strategic sectors.</p><div class='key-point-box'><p>The mission aims to reduce India's dependency on imports for <strong>critical minerals</strong>, which are vital for advanced technologies and economic growth. This move is crucial for national security and economic stability.</p></div><h4>Financial Outlay and Duration</h4><p>The <strong>National Critical Mineral Mission</strong> has been allocated a substantial financial outlay to ensure its successful implementation and sustained impact. This investment underscores the government's commitment to securing India's mineral resources.</p><div class='info-box'><p>The total financial outlay approved for the <strong>NCMM</strong> is <strong>Rs 34,300 crore</strong>. This significant investment is spread over a period of <strong>seven years</strong>, indicating a long-term strategic approach.</p></div><div class='exam-tip-box'><p>For UPSC, understand the 'why' behind such missions. <strong>Critical minerals</strong> are foundational for India's <strong>energy transition</strong>, <strong>digital economy</strong>, and <strong>defence sector</strong>. Connect <strong>NCMM</strong> with <strong>Atmanirbhar Bharat</strong> and <strong>economic security</strong> in your answers (<strong>GS Paper III</strong>).</p></div>