The Ministry of Mines has incorporated a financial outlay of 5000 crore rupees for Special Assistance to States for Capital Investment (SASCI) for the Financial Year 2026-27. The Ministry of Mines said that the objective of this SASCI scheme component is to facilitate and expedite mine operationalisation, increase mineral production, enhance revenue collection by States from the mining sector, and improve overall governance of the sector.
The Scheme incentive is to be provided to States and UTs under three reform areas, which include Implementation of Mining Reforms, Mine Operationalisation, and SMRI-based Reforms. The Ministry said that the financial incentive is an important step in promoting Mining Sector Reforms in the country.