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...
16 Aug, 2022, 05.11 PM IST
States used Rs 1,460 crore from district mineral foundation fund to combat COVID-19The total funds available under DMF as on March 28, 2020 was to the tune of Rs 14,694.47 crore, the ministry said. "State governments are c...
27 May, 2022, 03.57 PM IST
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 ...
11 Sep, 2021, 05.18 PM IST
All COVID-19 Care Centres to be closed in Odisha as cases declineAt least 83 CCCs across the state are almost empty following a reduction in the number of COVID-19 patients who require hospitalisation.
06 Jul, 2021, 07.14 PM IST
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...
10 Sep, 2020, 10.36 PM IST
Subsume multiple levies into GST to cut tax burden on mining sector: FicciUnderlining multiple challenges coupled with disruptions due to coronavirus lockdown, Ficci has also sought deferment of royalty and contri...
27 Apr, 2020, 09.23 PM IST
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.
13 Jul, 2018, 04.08 PM IST
Odisha gets Rs 3,548 crore to develop mineral bearing areas"The total contribution received in the DMF Trust Fund till October this year stands at Rs 3,548 crore," Chief Secretary A P Padhi said.
19 Nov, 2017, 05.59 PM IST
States discuss deferment of e-auction of mineral blocks at meeting of state mining ministersThe outcome of auctions is being affected by factors like quantity and grade of ore, quality of the mineralization studies, land ownership ...
27 May, 2016, 07.46 PM IST
Govt to get over Rs 6,700 crore from auction of two limestone blocksGovernment is expected to earn a revenue of over Rs 6,700 crore after Chhattisgarh successfully conducted mine lease auction for two large ...
19 Feb, 2016, 09.10 PM IST
ACC Q3 net down 40%, says economic revival slow than expectedThe company, which follows January to December as its fiscal year, had posted a net profit of Rs 192.60 crore during the same period last y...
20 Oct, 2015, 10.24 PM IST
Government notifies miners contribution to District Mineral FoundationThe govt said miners who were awarded leases before January 12, 2015 will have to contribute 30 per cent of the royalty to the DMF.
17 Sep, 2015, 05.03 PM IST
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...
17 Aug, 2015, 07.43 PM IST
Jharkhand to start work on auction of mining leases within a monthJharkhand is slated to start work on auction of mining leases within a month and likely to set up the District Mineral Foundation within th...
17 Jul, 2015, 04.28 PM IST
Centre pushes states to set up District Mineral Foundations under MMDRAThe Centre asked the states to speed up the process of setting up District Mineral Foundations (DMFs) under the New Mines Act for the benef...
22 Apr, 2015, 09.54 PM IST
- Mining cos may have to pay annual compensation to land losers
The revised legislation for mining, currently being prepared by a group of ministers, has proposed a slew of concessions to those affected,...
08 Oct, 2010, 04.47 AM IST
- Mining project payouts to go to women
Petro ministry had recently made 50% female ownership must for any cooking gas dealership in rural India.
04 Oct, 2010, 07.31 AM IST