Mine enrich areas get $900 mn nourishment

    Mine enrich areas
    In a bid to ensure all round development in mineral rich areas across mining belt of the country, the government has decided to invest $900 million in providing piped water supply to construction of hostels to stadiums and the local governments have big plans for the million collected from mining companies under a 2015 law. The move has been aimed at uplifting the lot of poor masses living in these districts as they have not been involved in deciding where the money will be spent. According an analysis by the Centre for Science and Environment (CSE), an environment research and advocacy organization, the law was passed in 2015, mining organisations have had to pay an amount equivalent to 10% of the royalty if the mine was leased after 2015, and 30% of the royalty if it was leased before 2015, to the District Mineral Foundation (DMF)–a non-profit trust run by officials from the government along with the participation of other organizations as per the state’s law. This trust uses these funds for the development of the mining-affected region, and for people who had occupational, legal or traditional rights over the land being mined. The DMF is a ―landmark law, which for the first time lays out law that people of the mining region have a right to benefit from natural resources, said ministry sources.
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