Brookings | Srestha Banerjee | April 6, 2020
In wake the of the growing COVID-19 crisis and the strain on healthcare resources, India’s finance minister Nirmala Sitharaman on March 26 announced that District Mineral Foundation (DMF) funds can be used by state governments to augment healthcare. This includes supplementing healthcare facilities, screening and testing requirements, and any other support that might be required. Read more
Business Line | March 26, 2020
PMUY beneficiaries to be given 3 free LPG cylinders over three months
The Centre is looking at measures such as dipping into the District Mineral Fund (DMF) and offering free cooking gas cylinders to support families in the midst of the Covid-19 lockdown.
As of January, the total amount accrued under the DMF by the 21 mineral-rich States stood at ₹35,925.39 crore. The allocated amount stood at ₹30,651.59 crore, while the amount spent was at ₹12,414.38 crore. If the allocation for existing projects is left undisturbed, the 21 States will be left with about ₹5,000 crore for the relief measures. Read more
Eurasia review | Arun Kumar | March 10, 2020
India occupies a significant position in the production of many minerals across the globe, while for some, there is acute shortage. There continues to be a huge demand for minerals in view of rapid urbanisation and the growth in the country’s manufacturing sector. Against this background, this article will consider the impact of the 2015 amendment to the Mines and Minerals (Development and Regulation) Act 1957, and the 2020 Mineral Laws (Amendment) Ordinance.
There are several reasons why an assessment of the policy and regulatory landscape governing the sector are germane. Read more
The Indian Express | March 09, 2020
Activists say lack of planning during allocation of budget hindering benefits from reaching to the people in need.
In the past three years, only 38 per cent of the projects sanctioned from the funds with the district mineral foundation trust (DMFT) in various districts of Rajasthan have been completed while the others are still in progress, data from the state’s mines department reveals.
According to data furnished by the mines department in answer to questions asked in the Assembly, in the past three years, an amount of Rs 1,420 crore was allocated for 8,550 projects, of which only 3,325 projects have been completed while work is in progress for the rest 5,225 projects. Read more
Business Standard | March 06, 2020
Opposition accuses Baghel-led govt of misusing the money by constructing cowsheds all over the state
Opposition parties in Chhattisgarh grilled the Bhupesh Baghel government in the Legislative Assembly over the utilisation of the 14th Finance Commission fund.
Chaos ruled soon after the state’s agriculture minister Ravindra Choubey informed the House that the government had constructed “gothans (cattle sheds) using District Mineral Foundation (DMF) and 14th Finance Commission Funds. The Bhupesh Baghel government has embarked on an ambitious plan to construct cattle sheds all across the state. Read more