Nearly Rs 600 crore mining welfare fund gathers dust

Panaji: Around Rs 600 crore collected below Goa Iron Ore Permanent Fund (GIOPF) and Goa District Mineral Fund (GDMF) is collecting dust as no longer a unmarried paisa has been spent for the welfare of the folk from the mining belt.
Under GIOPF, the state govt has collected Rs 419.65 crore, while below GDMF Rs 177.65 crore has been collected.

Recently, the state govt has constituted a committee to finalise the plans to utilise the funds, however till date no longer a unmarried assembly has been held.

Section 9B of the Mines and Mineral (Development and Regulation) Amendment Act, 2015, states that the leaseholder must give a contribution 30% of the royalty paid for mining leases granted earlier than January 12, 2015, to the GDMF.

As in line with the Supreme Court order, 10% of the sale proceeds of iron ore excavated within the state of Goa and bought by way of the lessees must be appropriated against the GIOPF for the aim of sustainable building and inter-generational fairness.

Mines division resources mentioned the government wants to spend around Rs 25 lakh from GDMF to install water taps at Sonshi. “As of now, no longer a unmarried assembly has been held to talk about the spending of GDMF. Whereas GIOPF scheme has to be approved by way of the Supreme Court to commence the spending,” senior officer of the mines division mentioned.

The district mineral basis shall work for the interest and advantages of persons, and areas affected by mining comparable operations and in particular shall work in following areas, which include restoring the ecology broken by way of mining or other process, including tree plantation in affected areas, offering well being amenities, training, and so on, building highway/bridge community,


GDMF was marked for desilting of water bodies, including dams and rivers, putting in air pollution regulate gadgets, sewage treatment crops, offering assistance for agriculture, horticulture, dairy farming, animal husbandry, offering altemate employment for affected persons.


GDMF was additionally meant for soil rejuvenation of agricultural land and fodder building, offering veterinary clinics and storm water drainage in mining affect zone.


The projects must be finished through public works division, water assets division, wooded area division, river navigation division, agriculture division, division of animal husbandry and veterinary services and products, Goa state infrastructure and building corporation or every other departments, as in line with the directions and decision of the district mineral basis.


Nearly Rs 600 crore mining welfare fund gathers dust Nearly Rs 600 crore mining welfare fund gathers dust Reviewed by Kailash on March 12, 2018 Rating: 5
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