Mineral Foundations to be formed in all districts to expedite devpt
* State Government expects to raise additional development fund of Rs 600 crore through the initiative Staff Reporter In accordance with the provisions of Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY) and under Mines and Minerals (Development and Regulation Act of 2015, Maharashtra Government will set up District Mineral Foundations in all districts with mining activities to use the funds for developmental activities. A decision in this regard was taken in a meeting held in Mumbai on Thursday. Devendra Fadnavis, Chief Minister, chaired the meeting while Prakash Mehta, Industries and Mining Minister’ Pravin Potey Patil, Minister of State; were present prominently. Mines and Minerals (Development and Regulation) Act or MMDR Act of 2015 mandates setting up of District Mineral Foundations in all districts in the country affected by mining-related operations. Accordingly, these will be set up in all districts of Maharashtra with mining activities. Chief Minist...