<h1>Cabinet okays rare earth magnet ecosystem, rail multi-tracking and Pune Metro Phase-2 to boost green mobility</h1> The Union Cabinet has approved a scheme to create India's first integrated ecosystem for manufacturing Sintered Rare Earth Permanent Magnets, a critical input for electric vehicles, wind turbines, defence and aerospace, aimed at building domestic capacity, reducing import dependence, and supporting green technologies. The Cabinet also cleared two multi-tracking rail projects across four districts in Maharashtra and Gujarat to enhance rail infrastructure, mobility, operational efficiency, and multimodal logistics connectivity. Additionally, Phase-2 of the Pune Metro (Lines 4 and 4A) was approved, expanding urban mass transit to improve commute speed and comfort in a key growth hub.