Parliament Question: Rare Earth Permanent Management Scheme

GOVERNMENT OF INDIA MINISTRY OF HEAVY INDUSTRIES LOK SABHA UNSTARRED QUESTION NO. 460 ANSWERED ON 21.07.2026 RARE EARTH PERMANENT MANAGEMENT SCHEME 460. SHRI N K PREMACHANDRAN: Will the Minister of HEAVY INDUSTRIES be pleased to state: (a) whether the Union Government initiated action to promote the Rare Earth Permanent Management Scheme, if so, the details of action taken thereon; (b) whether the Union Government support the initiative of Government of Kerala for development of REPM Scheme in the State of Kerala, if so, the details of action taken thereon; (c)) whether the Union Government initiated action to promote the Sale Linked Sensitive (SLS) for the production and marketing of permanent management, if so, the details of action taken thereon; (d) whether the Government fixed any time frame for starting the industries for development and production of Rare Earth Permanent Management, if so, the initiatives taken to start such industries in the State of Kerala; and (e) the details regarding the key features of the proposed Rare Earth Permanent Management Production in Kerala? ANSWER THE MINISTER OF STATE FOR HEAVY INDUSTRIES (SHRI BHUPATHIRAJU SRINIVASA VARMA) (a) to (e): The Union Cabinet has approved the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM) with a financial outlay of Rs. 7,280 Crore on 26th November, 2025. The said scheme was notified on 15th December, 2025. The scheme has provision to establish 6,000 metric tonnes per annum (MTPA) of integrated REPM manufacturing capacity in the country by 5 beneficiaries over a period of 7 years including 2 years gestation period. The scheme is not region specific and supports manufacturing of REPM on pan India basis. *****