ClearMains
Ministry of Heavy Industries (MHI) receives 20 bids through Global Tender on CPP portal for Selection of Manufacturers for establishing integrated Sintered NdFeB Rare Earth Permanent Magnet Manufacturing Facilities under the "Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM)". List of companies who have submitted their bids is as follows: On 26th November 2025, the Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the "Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM)" with a financial outlay of Rs. 7,280 Crore.
Prelims Practice MCQs
The "CPP" portal, recently in the news (August 2026), is associated with which of the following ministries?
The CPP portal is associated with the Ministry of Heavy Industries. In news: Ministry of Heavy Industries (MHI) receives 20 bids through Global Tender on CPP portal for Selection of Manufacturers for establishing integrated Sintered NdFeB Rare Earth Permanent Magnet Manufacturing Facilities under the "Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM)". Source: PIB, 13 August 2026 — https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2299078
With reference to "Ministry of Heavy Industries (MHI) receives 20 bids under the Scheme to Promote Manufactu…", recently in the news, which of the following figures is correctly reported?
The correct figure is 280 crore. In news: 7,280 Crore. Source: PIB, 13 August 2026 — https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2299078
With reference to the recent development "Ministry of Heavy Industries (MHI) receives 20 bids under the Scheme to Promote Manufactu…", which one of the following statements is correct?
Ministry of Heavy Industries (MHI) receives 20 bids through Global Tender on CPP portal for Selection of Manufacturers for establishing integrated Sintered NdFeB Rare Earth Permanent Magnet Manufacturing Facilities unde… Source: PIB, 13 August 2026 — https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2299078