DMFs in all districts by March: Mallick

Bhubaneswar: The State government has asked all mineral bearing districts to create District Mineral Fund (DMF) by March this year, Mines minister Prafulla Mallick told media persons here today. The Fund will take care of developmental activities in mineral bearing districts, sources in the department said. “We have asked all district collectors to create DMF […]

Odishatv Bureau
  • Published: Saturday, 06 February 2016
  • Last updated: 06 February 2016, 05:19 PM IST

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Bhubaneswar: The State government has asked all mineral bearing districts to create District Mineral Fund (DMF) by March this year, Mines minister Prafulla Mallick told media persons here today.

The Fund will take care of developmental activities in mineral bearing districts, sources in the department said.

“We have asked all district collectors to create DMF account by March. Allocation of funds for various developmental activities in the affected areas will start from April,” Mallick said.

The minister informed that existing mining lease holders would be required to pay 30% of the total royalty to DMFs, which will be set aside for various developmental activities in the affected areas of districts.

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