29) DMF funds Flashcards
1
Q
What is DMF ?
A
District Mineral Foundation
2
Q
Instituted under ?
A
Mines and Minerals (Development and Regulation) MMDR Amendment Act, 2015
3
Q
Provisions ?
A
These are non profit trusts funded through contributions from miners. Programme is meant to provide welfare for people and areas affected by mining related operations
4
Q
Jurisdiction ?
A
Relevant State Govt
5
Q
Fund is collected at ?
A
District level
6
Q
Important provision ?
A
Certain high priority areas are identified in all states where atleast 60% of the fund must be used. This includes healthcare
7
Q
So where is this leading to ?
A
Plan to use this fund for COVID-19 treatment
