+
Mining companies Welfare Schemes introduced in India
COAL & MINING

Mining companies Welfare Schemes introduced in India

Annexure-I lists the welfare schemes in mining areas by state and the funds allocated.

To ensure that the District Mineral Foundation Trust Fund, which is for the welfare of people and areas affected by mining-related activities, is not misused, the government has taken the following steps:

A two-tier administrative structure for DMF, consisting of a Governing Council and a Managing Committee, has been proposed in the Model Trust Deed circulated by the Central Government to ensure effective implementation of the PMKKKY scheme in transforming people's living standards or social upliftment and development of areas affected by mining-related operations. As a result, the majority of states have included a two-tier DMF administrative structure in their State DMF Rules.

According to PMKKKY guidelines, the DMF's accounts must be audited every year by a Chartered Accountant appointed by the DMF, or in any other manner specified by the Government, and the report must be made public. In addition, the Annual Report must be submitted to the government within one month of the DMF's approval, and it must be available on the Foundation's website. Each Foundation's Annual Report must be presented to the State Legislative Assembly.

The central government issued instructions regarding the use of funds by District Mineral Foundations in an order dated 12 July 2021, prohibiting District Mineral Foundations from transferring funds to the State exchequer, State level fund, Chief Minister's Relief Fund, or any other funds or schemes. Furthermore, no expenditure from the District Mineral Foundation's fund shall be sanctioned or approved at the State level by the State Government or any State level agency.

Pralhad Joshi, Minister of Coal, Mines and Parliamentary Affairs, provided this information in a written reply to the Rajya Sabha today.

Image Source

Also read: Amendment in Mining Act: A step towards building self-reliant India

Annexure-I lists the welfare schemes in mining areas by state and the funds allocated. To ensure that the District Mineral Foundation Trust Fund, which is for the welfare of people and areas affected by mining-related activities, is not misused, the government has taken the following steps: A two-tier administrative structure for DMF, consisting of a Governing Council and a Managing Committee, has been proposed in the Model Trust Deed circulated by the Central Government to ensure effective implementation of the PMKKKY scheme in transforming people's living standards or social upliftment and development of areas affected by mining-related operations. As a result, the majority of states have included a two-tier DMF administrative structure in their State DMF Rules. According to PMKKKY guidelines, the DMF's accounts must be audited every year by a Chartered Accountant appointed by the DMF, or in any other manner specified by the Government, and the report must be made public. In addition, the Annual Report must be submitted to the government within one month of the DMF's approval, and it must be available on the Foundation's website. Each Foundation's Annual Report must be presented to the State Legislative Assembly. The central government issued instructions regarding the use of funds by District Mineral Foundations in an order dated 12 July 2021, prohibiting District Mineral Foundations from transferring funds to the State exchequer, State level fund, Chief Minister's Relief Fund, or any other funds or schemes. Furthermore, no expenditure from the District Mineral Foundation's fund shall be sanctioned or approved at the State level by the State Government or any State level agency. Pralhad Joshi, Minister of Coal, Mines and Parliamentary Affairs, provided this information in a written reply to the Rajya Sabha today. Image Source Also read: Amendment in Mining Act: A step towards building self-reliant India

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?