Rs 82,000 cr collected under District Mineral Foundation till August: Govt

DMF is a non-profit body working for people and areas affected by mining-related activities in such manner as may be prescribed by the state government

rupee, loan, indian rupee
Photo: Pexels
Press Trust of India New Delhi
1 min read Last Updated : Oct 09 2023 | 7:31 PM IST

The mines ministry on Monday said Rs 82,370.79 crore has been collected under the District Mineral Foundation (DMF) till August this year.

DMF is a non-profit body working for people and areas affected by mining-related activities in such manner as may be prescribed by the state government.

"The total amount of funds collected under DMF comes to Rs 82,370.79 crore and the amount utilised stands at Rs 45,150.21 crore (August)," the Ministry of Mines said.

As of August, DMFs have been set up in 644 districts in 23 states/Union Territories, while 17 states/UTs have DMFs in each district, the ministry said.

States and UTs that have DMFs in all district include Andhra Pradesh, Bihar, Himachal Pradesh, Kerala, Uttarakhand, Uttar Pradesh, Punjab, Haryana, Chhattisgarh, Jharkhand, and Jammu & Kashmir.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :MineralMining industryfunds

First Published: Oct 09 2023 | 7:31 PM IST

Next Story