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Mines ministry urges DMF funds audit; only Chhattisgarh completes process

The Union mines secretary has proposed a study on effective utilisation of funds under PMKKKY guidelines by an independent agency to help improve the functioning of DMFs

Coal mines, Coal
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Coal mine

Jayajit Dash Bhubaneswar
The Union mines ministry has urged state governments to carry out an audit of funds accruing to the District Mineral Foundation (DMF).  

No state has prepared the annual reports on fund utilisation under DMF as mandated by the guidelines contained in the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY). Many of the DMFs are yet to be registered.  

The ministry is of the view that compliance with the regulatory framework, monitoring and guidelines on expenditure are critical to the success of DMF and its purpose. 

Acting on the ministry's call, some states have initiated the process of identifying empanelled chartered accountants

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First Published: Aug 30 2018 | 10:39 PM IST

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