MHI HD Kumaraswamy said that the government will decide on a subsidy scheme to support domestic production of rare earth magnets within the next 15-20 days
The minister also held discussions with mines minister Kishan Reddy on the scheme, and plans to announce the decision in the near future
The comments were made during a press briefing on the launch of ‘Scheme to Promote Manufacturing of Electric Passenger Cars in India’
As panic over China’s ban on exports of…