District Mineral Fund Current Affairs, GK & News

Centre takes control of District Mineral Funds from states

July 16, 2021

Centre undertook complete control of district mineral foundation (DMF) funds from state. Key points It negating right of states to sanction or approve any expenditure out of the funds that have been accrued from mandatory contribution from mining lease holders. Since 2015-16, when DMF funds came into effect, over Rs 49,400 crore have flown into ..

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What are DMF Funds that are to be used by the states to combat COVID-19?

March 28, 2020

Finance Minister Nirmala Sitaraman recently instructed the state governments to use DMF (District Mineral Foundation) funds to fight against COVID-19. This is being done to supplement medical facilities that will help fight against Corona Virus. What are DMF Funds? The District Mineral Foundation is a non-profit body. It was set up in those districts that ..

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Centre asks states to step-up spending under District Mineral Fund

January 19, 2019

The Central government has asked the states to step-up the spending under District Mineral Fund as just 24 per cent of the Rs 23,606-crore mopped up under the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY) was actually spent. The central government has also issued directions to ensure that there is no fund diversion or leakage. Pradhan ..

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