Mining companies Welfare Schemes introduced in India

16 Dec 2021 CW Team

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

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..