Much-needed respite for granite industry

Ongole: The decision of government of Andhra Pradesh to reduce the rate of collection of district mineral fund from 30 percent to 12.5 percent is going to help the galaxy granite industry which is facing a hard time in the state for the past few months. It is a…

Govt committed to social, eco equality for deprived: President

The government is committed to social and economic equality for the “deprived and disempowered” sections as enshrined in the Constitution, President Pranab Mukherjee said while asserting that all its schemes are for the poor, deprived and underprivileged. In his…

Govt receives about Rs 5,000 cr through DMF

Nearly Rs 5,000 crore has been collected so far through District Mineral Foundation (DMF), which will be utilised by the states for the development of places and people affected by mining-related operations. The Mines Ministry is monitoring the implementation of the…

Vig To Probe J’suguda Illegal Deposit Of DMF Fund

Vigilance will probe into allegations of favouring a private bank by the then Project Director of DRDA cum Chief Executive Officer of DMFT, Jharsuguda violating norms in regard to deposit of huge sum of fund of District Mineral Foundation Trust (DMFT) in the district….

Apex court transfers FIMI plea on DMF to itself

In a matter related to the levy of additional royalty under the amended Mines and Minerals (Development and Regulation) Act, 1957, the Supreme Court on Tuesday stayed proceedings before various high courts on the issue. It also transferred to itself a petition filed…

States can join Ujjwala Yojana but with riders: Oil Ministry

The Ministry of Petroleum and Natural Gas is open to let the State government schemes become part of the Pradhan Mantri Ujjwala Yojana. But, with a caveat that the State schemes will be subsumed under the Ujjwala brand. Already, Chhattisgarh has decided to be part of…