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District Mineral Funds
July 19 , 2021
1316 days
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- The Centre undertook complete control of district mineral foundation (DMF) funds from state.
- It is negating right of states to sanction or approve any expenditure out of the funds that have been accrued from mandatory contribution from mining lease holders.
Note
- According to MMDR (Amendment) Act, 2015, state governments are mandated to establish DMFs in all districts for interest and benefits of persons affected by mining-related operations.
- The Lease holders are mandated to contribute to these not-for-profit foundations a defined percentage of royalty apart from paying royalty to state governments.
- The DMFs are required to use these funds for welfare of persons and areas affected by mining-related operations.
- Thus, tribal population are the principal beneficiaries.
- The scheme is also called as “Pradhan Mantri Khanij Kshetra Kalyan Yojana”.
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