How does the District Mineral Foundation function and what issues have been raised regarding its funds?
Parliamentary panel expresses concern over diversion of funds of District Mineral Foundation in several States.
- The District Mineral Foundation (DMF) is set up in mining-affected areas to work for the interest and benefit of people affected by mining activities.
- DMF funds are collected from miners as a part of their royalty payments and are intended for the socio-economic development of the affected communities.
- Some issues raised regarding DMF funds include lack of transparency in fund utilization, diversion of funds for non-mandated purposes, delayed projects, and inadequate representation of stakeholders in decision-making.
- A parliamentary panel has expressed concern over the diversion of DMF funds in several states, highlighting the need for better monitoring and accountability to ensure that the funds are used for their intended purposes.
Answered
a month ago