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Audit report indicates gross misuse, presumptive fraud of DMFT fund in Jharkhand

-ANI/ ThePrint.in Ranchi (Jharkhand): An audit of the District Mineral Foundation Trust fund, collected under the provision of the Mines Minerals (Development and Regulation) Act, indicates gross misuse of the DMFT fund. The audit was conducted by the Jharkhand’s Principal Auditor General (PAG) in six districts, Bokaro, Chatra, Dhanbad, Hazaribagh, Lohardaga and Ranchi. In these districts, a sum of about Rs 3,000 crore was collected as DMFT funds between 2015 and 2021....

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Illegal mining on Pathrala riverbed threat to ecology -Shiv Kumar Sharma

-The Tribune SDO fears damage to bundhs & stone studs may flood residential areas, agri land Yamunanagar: Despite efforts of the district authorities to stop illegal mining, the activity is going on unabated in the Pathrala rivulet in Jaitpur and Nagli villages, close to bundhs and stone studs built by the Irrigation Department to protect residential areas and agricultural land. On the complaint of Vinod Kumar, Sub Divisional Officer (SDO), Water Services Division,...

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Oil and Natural Gas Extraction is not ‘Mining’, Says Wildlife Conservation Panel -Ayaskant Das

-Newsclick.in The move, paving the way for rampant hydrocarbon exploitation in and around some of the densest forests, will potentially benefit corporate bigwigs in the oil and natural gas sector. New Delhi: A wildlife conservation body under the Narendra Modi government has exempted oil and natural gas extraction from the definition of ‘mining’ activity, paving the way for rampant hydrocarbon exploitation in and around some of the densest forests of India which...

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Dormant Parliament, fading business -MR Madhavan

-The Hindu The gradual deterioration in Parliament’s functioning has to be stopped if it is to fulfil its constitutional mandate The Budget session of Parliament ended on Thursday, two weeks ahead of the original plan, as many political leaders are busy with campaigning for the forthcoming State Assembly elections. This follows the trend of the last few sessions: the Budget session of 2020 was curtailed ahead of the lockdown imposed following the...

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Mining sector -- unburdening the legacy issues -Richa Mishra

-The Hindu Business Line The government plans to bring in structural reforms in this crucial sector. But the devil lies in the detail India has huge mineral deposits, but the country’s mining sector is still suffering from legacy issues. Making a fresh attempt for a course correction, the Union Cabinet recently approved a blueprint to usher in reforms in the mining sector. This blueprint, which will be presented in the coming Parliament session,...

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