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Economy

India's rare earth magnet strategy gaps highlight critical minerals governance challenge

The Hindu - OpinionPrelims · EconomyMains · GS3 Economy

India's lack of a comprehensive framework for rare earth magnet value chains exposes strategic vulnerabilities in advanced manufacturing and energy transition sectors, despite initiatives like the National Critical Mineral Mission.

  • Neodymium-Iron-Boron (NdFeB) magnets are critical for energy transition and advanced manufacturing due to their unmatched magnetic strength and power-to-weight ratio, making them a strategic component.
  • China's April 2025 export controls on rare-earth magnets revealed global supply chain vulnerabilities, with India particularly exposed due to gaps in domestic value chain mapping.
  • India's domestic permanent magnet market is estimated at ₹750 crore, but import values are several times higher, indicating significant statistical blind spots in tracking magnet flows through the economy.

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Polity & GovernanceGS2

EC clarifies SIR notices amid electoral roll revision controversy in Delhi

Hindustan Times - IndiaPrelims · PolityMains · GS2 Governance

The Election Commission clarified that notices issued during Special Intensive Revision (SIR) of Delhi's electoral rolls do not imply name deletion, following concerns after prominent leaders like Arvind Kejriwal and S Jaishankar received notices.

SecurityGS3