Budget 2026: Odisha, Kerala, Andhra, Tamil Nadu to get dedicated rare earth corridors — what it means

Union finance minister Nirmala Sitharaman has proposed dedicated rare earth corridors in Odisha, Andhra Pradesh, Tamil Nadu, and Kerala to boost domestic capabilities and reduce import dependence. The initiative, part of the 2026-27 Union Budget, aims to support mining, processing, and manufacturing of critical minerals essential for clean energy and defence.