Odisha gets Rs 23,120 crore under District Mineral Foundation till June 2023


Bhubaneswar, July 31: The cumulative fund collection under District Mineral Foundation (DMF) in Odisha till June 30, 2023 is Rs 23,120 crore out of which Rs 17,755.20 crore is received from major minerals other than coal and lignite, said Union Coal & Mines Minister Pralhad Joshi on Monday.

In a written reply in Rajya Sabha, the Union Minister said Rs 5,237.58 crore is received from coal and lignite, and Rs 127.21 crore is received from minor minerals.

As per the Odisha State DMF rules, at least 60 per cent of the funds are to be spent on high priority activities and up to 40 per cent of the fund are to be spent on other priority activities.

As per information received by the Ministry, the Government of Odisha has advised the DMFs to substantially enhance the fund allocation by creating a shelf of projects and expedite the utilisation of share of DMF fund in the ongoing projects.

Leave a Reply

Your email address will not be published. Required fields are marked *