In Budget, Nirmala Sitharaman announces rare earth corridor for Tamil Nadu

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....n Budget, Nirmala Sitharaman announces rare earth corridor for Tamil Nadu<BR>PTI News<BR>Dated:- 1-2-2026<BR>PTI<BR>Chennai, Feb 1 (PTI) Finance Minister Nirmala Sitharaman on Sunday announced schemes in the Union Budget for Tamil Nadu including high speed rail links for Chennai, ecologically sustainable mountain trail in Podhigai Malai in the Western Ghats and a rare earth corridor. Bird watchin....

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....g trails along the Pulikat lake and development of the archaeological site of Adichanallur into a vibrant, experiential cultural destinations were among the other announcements she made. The minister in her Budget speech said that in order to promote environmentally sustainable passenger systems, "we will develop seven High-Speed Rail corridors between cities as growth connectors and Hyderabad-Ch....

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....ennai, and Chennai-Bengaluru would be among them." Further, she said: "A scheme for Rare Earth Permanent Magnets was launched in November 2025. We now propose to support the mineral-rich States of Odisha, Kerala, Andhra Pradesh and Tamil Nadu to establish dedicated Rare Earth Corridors to promote mining, processing, research and manufacturing." India has the potential and opportunity to offer wo....

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....rld-class trekking and hiking experience. Ecologically sustainable mountain trail will be developed in Podhigai Malai in the Western Ghats. Also, bird watching trails will be developed along the Pulikat lake which covers both Tamil Nadu and Andhra Pradesh. PTI VGN VGN SA<BR> News - Press release - PIB....