Tag: DMF
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Indian Govt. Notifies DMF at 30%
Central govt. has fixed the DMF contribution at 30% of royalty for existing mining leases and 10% of royalty for new leases. Indian govt. yesterday (17 Sept’15) announced the launch of Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY) as a measure to support the project affected people, using the funds generated by District Mineral Foundations (DMFs).…