DMFT spurs Rajasthan's infrastructure with Rs 6,000 crore projects
ECONOMY & POLICY

DMFT spurs Rajasthan's infrastructure with Rs 6,000 crore projects

Projects worth Rs 62.67 billion have received approval out of the Rs 82.70 billion amassed under the District Mineral Foundation Trust (DMFT) in Rajasthan. This update was provided by a senior official from the mines department. The state has undertaken more than 20,187 infrastructure development projects within mining districts, with 12,659 already completed at a cost of Rs 37.41 billion, as reported by the official.

Veenu Gupta, ACS (mines), announced that DMFT's governing council meetings will convene every six months to expedite decision-making and project endorsements. Emphasis will also be placed on meticulously supervising the quality of structural work. Gupta highlighted that 60% of the funds have been allocated to critical amenities such as clean water supply, environmental conservation, healthcare, education, and welfare programs for women and children.

Furthermore, approximately 40% of the funds have been earmarked for irrigation, energy, water conservation initiatives, road construction, and aiding silicosis victims. Gupta stated that district-level project monitoring units will be established to ensure the efficient execution and quality of work. This proactive approach seeks to identify required interventions promptly. Across the country, District Mineral Foundations have been established in 626 districts spanning 23 states, reflecting the commitment to fostering regional development.

Projects worth Rs 62.67 billion have received approval out of the Rs 82.70 billion amassed under the District Mineral Foundation Trust (DMFT) in Rajasthan. This update was provided by a senior official from the mines department. The state has undertaken more than 20,187 infrastructure development projects within mining districts, with 12,659 already completed at a cost of Rs 37.41 billion, as reported by the official. Veenu Gupta, ACS (mines), announced that DMFT's governing council meetings will convene every six months to expedite decision-making and project endorsements. Emphasis will also be placed on meticulously supervising the quality of structural work. Gupta highlighted that 60% of the funds have been allocated to critical amenities such as clean water supply, environmental conservation, healthcare, education, and welfare programs for women and children. Furthermore, approximately 40% of the funds have been earmarked for irrigation, energy, water conservation initiatives, road construction, and aiding silicosis victims. Gupta stated that district-level project monitoring units will be established to ensure the efficient execution and quality of work. This proactive approach seeks to identify required interventions promptly. Across the country, District Mineral Foundations have been established in 626 districts spanning 23 states, reflecting the commitment to fostering regional development.

Next Story
Infrastructure Energy

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 socia..

Next Story
Infrastructure Urban

TVS Motor Unveils Electric Two-Wheeler

TVS Motor Company, a leading two-wheeler manufacturer in India, has unveiled its latest addition to the electric vehicle segment with the launch of the TVS iQube Electric in Bengaluru. This move marks the company's foray into the burgeoning electric vehicle market, aligning with the global shift towards sustainable mobility solutions.

The TVS iQube Electric promises to redefine urban commuting with its advanced technology and eco-friendly features. Boasting a sleek design and compact structure, the electric scooter is tailored to meet the evolving needs of urban commuters, offering a s..

Next Story
Infrastructure Urban

Chinese EV Giant Leapmotor Eyes Indian Market

Chinese electric vehicle (EV) manufacturer Leapmotor is poised to make a significant entry into the Indian market in the third quarter of the 2024-25 fiscal year. With India rapidly transitioning towards electric mobility, Leapmotor's arrival could mark a pivotal moment in the country's automotive industry.

Leapmotor's decision to venture into India underscores the growing appeal of the country as a lucrative market for EV manufacturers worldwide. As one of the world's largest automotive markets, India presents immense opportunities for companies looking to capitalise on the increasing..

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram