Question

Which of the following is the main objective of the

Q: Answer-Which of the following is the main objective of the District Mineral Foundation (DMF)?

As per the MMDR Amendment Act, 2015, state governments must establish DMFs in all districts for the interest and benefits of the persons affected by mining-related operations lease holders are required to contribute to these not-for-profit foundations as a defined percentage of royalty, in addition to the royalty paid to state governments.

District Mineral Foundation (DMF)?

A To promote safe mining

B To Promote Awareness on Minerals

C To deposit State Government royalty in that fund

D Welfare of the persons affected by mining-related operations

E None of the above

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Solution