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DISTRICT MINING FUND
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- Govt to set up program management unit to improve efficiency of DMF, PMKKKYTo bolster the welfare of mining-affected communities and enhance the implementation of the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PM...
- New mineral fund rules restrictive: Chhattisgarh governmentChhattisgarh government red-flags new District Mineral Foundation guidelines, citing potential misuse of funds meant for people affected by...
- 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 ...
- Chhattisgarh CM Bhupesh Baghel to PM: Return CSR funds deposited in PM CARESChief minister Bhupesh Baghel has shot off a letter to Prime Minister Narendra Modi demanding that CSR funds deposited by mining companies ...
- Over Rs 23,000 cr collected under DMF from mining districts: Government"A sum of Rs 23,606 crore has been collected in DMF (District Mineral Foundation) till now from across the country," the mines minister tol...
- 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 10 per cent royalty to tribal welfareEach district where mining activity is initiated will have to set up a District Mineral Foundation.
- Mining firms to pay 30 per cent royalty on exisiting mines; 10 per cent on newThese payout rates are much lower than the rates prescribed in the new mining law — 100% of royalties for existing and 33% for new mines.
- 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...
- Centre, states to discuss mine auction, DMF at CCEC meet tomorrowCCEC will tomorrow take up readiness for mineral auction by states as well as the progress in setting up DMF.
- District mineral fund will make mining unviable: AssochamThe non-profit body would be funded by an additional levy related to royalty, the rate of which will be prescribed by the Centre.
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