Rs 43 billion collected by District Mineral Foundations in Odisha till April 2018, only 11% (Rs 4.8 billion) utilized
Orisssadiary.com || April 4, 2019
Bhubaneswar: -TERI’s Resource Efficiency and Governance division has been working on an important emerging issue of equitable sharing of mining benefits with communities in mineral-rich states. With a multi-disciplinary team of experts, the division has been instrumental in providing research-based innovative solutions for the socio-economic development of communities affected by mining operations as well as policy inputs to assist the goals of the government.
The Energy and Resources Institute (TERI), India’s leading think tank, has done a critical review of District Mineral Foundations (DMFs) which are local institutions established in mining regions across the country for the socio-economic development of communities affected by mining operations. The title of the discussion paper is, “Benefit sharing in the mining sector: An analysis of the role of District Mineral Foundations.” Read more
