Odisha drags feet on DMF funds use, ranks 7th on project implementation

Odisha despite boasting of the highest fund accruals under the District Mineral Foundation (DMF) has turned to be a laggard state in implementing the projects.

Figures sourced from the Union mines ministry place Odisha at the top of the heap in DMF collection with the state mopping up Rs 53.64 billion (as on March 30, 2018). But in terms of implementation of projects under DMF, Odisha ranks seventh, with a utilisation rate of 15 per cent. Of the total funds accruing to DMF in Odisha, Rs 39.22 billion has been sanctioned. However, only Rs 8.16 billion of the overall proceeds has been utilized. Read more

Courtesy: Business standard

Giving Them Their Due

The District Mineral Foundation (DMF) was created specifically to give back to areas where mineral wealth is exploited, helping the state achieve numerous social sector targets. Simply put, the DMF is a not-for-profit body with contribution from the district’s miners. In Dantewada, home to the famous Bailadila iron ore mines, the DMF has created assets not seen in even so-called prosperous districts. The fully staffed district hospital is one such initiative, so is the education city developed at Jawanga, which has earned the district administration national awards. The district is using the DMF to even create livelihoods, from rearing of livestock to call centres. Read more

Courtesy: India today

FDI in mining sector: Don’t ignore displaced

Odisha has a natural advantage of availability of substantial reserve of varieties of mineral resources along with port facilities. From the very beginning of planned economic intervention, mining and extractive industries have been patronised by the State and the trend also has been continuing till now. Read more

Courtesy: Daily pioneer

Moving beyond coal for green power: How to create an alternative economy using DMF funds in coal mining areas

The latest Intergovernmental Panel on Climate Change (IPCC) report on the impacts of global warming of 1.5oC above pre-industrial levels has come as a clarion call, warning us of the catastrophic impacts of global warming if the planet warms beyond 1.5oC. India, with a significant proportion of its population poor and dependent on agriculture, is extremely vulnerable and will be one of the most affected countries. Read more

Courtesy: Financial Express

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