https://www.taxtmi.com/news?id=63443 The chief minister ordered expedited use of District Minerals Foundations funds-Rs 34,052 crore collected by October with 55% spent-directing district authorities to fund schools, colleges, healthcare, water supply, transport and pollution prevention in mining-affected areas and permitting minor-mineral revenues to be used anywhere in the district. He required the Steel & Mines Department secretary to submit annual and audit reports for each DMF, instructed DMF Trust Boards to accelerate projects, and mandated that districts with annual collections over Rs 10 crore form an Endowment Fund to invest in government securities, bonds or scheduled-bank FDs to support livelihoods where mining has stopped or minerals are depleted. en-us Wed, 03 Dec 2025 12:01:03 +0530 Wed, 03 Dec 2025 12:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=63443 The chief minister ordered expedited use of District Minerals Foundations funds-Rs 34,052 crore collected by October with 55% spent-directing district authorities to fund schools, colleges, healthcare, water supply, transport and pollution prevention in mining-affected areas and permitting minor-mineral revenues to be used anywhere in the district. He required the Steel & Mines Department secretary to submit annual and audit reports for each DMF, instructed DMF Trust Boards to accelerate projects, and mandated that districts with annual collections over Rs 10 crore form an Endowment Fund to invest in government securities, bonds or scheduled-bank FDs to support livelihoods where mining has stopped or minerals are depleted. News - Wed, 03 Dec 2025 12:01:03 +0530 https://www.taxtmi.com/news?id=63443