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DISTRICT MINING FOUNDATION
Jonnagiri gold mine to boost domestic production, advance 'Made in India' ecosystem, says Lloyds chiefIndia's gold import dependence is set to decrease with the inauguration of the Rs 405-crore Jonnagiri gold mine in Andhra Pradesh. This mar...- 900 kg gold every year! India's first private gold mine begins operations in Andhra Pradesh's Swarnagiri. Check detailsAndhra Pradesh is making history with India's first private gold mine, Swarnagiri, formerly Jonnagiri, set to begin commercial operations. ...
- CM Adityanath directs officials to take stringent action against illegal mining, cattle smugglingUttar Pradesh Chief Minister Yogi Adityanath has ordered a crackdown on illegal mining, cattle smuggling, and various mafia networks across...
- Odisha coal gasification project to meet 35% of India's ammonium nitrate needs by 2030: IndustryA significant Rs 25,016-crore coal gasification project in Odisha, recently inaugurated by President Murmu and PM Modi, is set to fulfill n...
- Old coal mines are hiding a clean energy secret, and this one town just figured it outThe former coal-mining town of Cumberland is becoming a powerful example of how abandoned fossil-fuel infrastructure can be repurposed for ...
- PM to attend closing ceremony of Sikkim's 50 years of statehood celebrationsPrime Minister Narendra Modi will visit Sikkim from April 27 to attend the closing ceremony of its 50th statehood anniversary. He will inau...
- Comprehensive CAG audit for all district mineral foundationsDMFs are statutory authorities, operating like a trust, which a state government sets up in districts affected by mining. They are funded t...
- Centre seeks to amend PMKKKY for effective use of DMF fundsThe govenrment in 2015 launched the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY) scheme to provide for the welfare of areas and peo...
- 316 District Mineral Foundation Trusts exempted from income tax: Coal and Mines Minister Pralhad JoshiDistrict Mineral Foundation (DMF) is a non-profit statutory 'Trust', which been created in each district under the provisions of Mines and ...
- CBDT notifies rules on tax exemption for District Mineral Foundation TrustsThe Board has specified conditions for availing the exemption. The Trust cannot engage in any commercial activity and activities and nature...
- Need a monitoring mechanism to ensure prompt use of funds under DMF: Parliamentary panel to Mines MinistryThe DMF has been created in each district under the provisions of Mines and Minerals (Development and Regulation) (MMDR) Amendment Act, 201...
- Government to put over 100 mineral blocks in next round of auctionTomar said following changes in mining laws, the states have earned nearly Rs 19,000 crore under District Mineral Foundation (DMF) so far.
- Mining lease expiry: Centre calls meeting with states on January 19Tomar said that the issues that would come up for deliberation include auction preparedness and bidding of the mining leases expiring in 20...
- Government receives about Rs 5,000 crore through DMFThe Mines Ministry is monitoring the implementation of the DMF and the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY).
- States to put 100 more mines on auction by year-end: Narendra Singh TomarStates will offer 100 additional mines bearing minerals such as iron ore, bauxite and limestone for auction by 2016-end, Tomar said.
- Miners to pay Rs 6,000 crore more royalty; money to go to special fund for poor districtsThe mines ministry has notified the rules, which provide for 30% additional royalty on mining leases executed before January 12, 2015 and 1...
- Miners to pay 10 per cent royalty to tribal welfareEach district where mining activity is initiated will have to set up a District Mineral Foundation.
- Government likely to fix miners' contribution to DMF at 30%The Mines Ministry is likely to set miners' contribution to the District Mineral Foundation (DMF) at 30 per cent and will notify the guidel...
- Naxal-affected districts to benefit from mineral richesThis chunk of mining royalties would help supplement the government’s efforts to develop the backward districts where Left-wing extremism h...
- Mining project payouts to go to womenPetro ministry had recently made 50% female ownership must for any cooking gas dealership in rural India.
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