Pradhan Mantri Khanij Kshetra Kalyan Yojana launched by GOI

In Uncategorized
September 18, 2015

The Central Government on 17th September 2015 announced the launch of the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY). PMKKKY is a revolutionary and unprecedented scheme of its kind, which will transform the lives of people living in areas which are affected directly or indirectly by mining.

Key Points to Note:

Launch Date: 17th September 2015
Aim: is to provide for the welfare of areas and people affected by mining related operations, using the funds generated by District Mineral Foundations (DMFs).
The Mines and Minerals (Development & Regulation) Amendment Act, 2015, mandated the setting up of District Mineral Foundations (DMFs) in all districts in the country affected by mining related operations.
The Central Government today notified the rates of contribution payable by miners:
- all mining leases executed before 12th January, 2015- miners will have to contribute an amount equal to 30% of the royalty payable by them to the DMFs.
- mining leases are granted after 12.01.2015- he rate of contribution would be 10% of the royalty payable
By Using these funds, the DMFs are expected to implement the PMKKKY.
The DMFs have also been directed to maintain the utmost transparency in their functioning and provide periodic reports on the various projects and schemes taken up by them.

Objective of the Yojana:

to implement various developmental and welfare projects/programs in mining affected areas.
to minimize the adverse or harmful impacts, during and after mining, on the environment, health and socio-economics of people in mining districts
to protect the livelihoods for the affected people in mining areas.
skill development and environment conservation will get at least 60 % share of the funds.
Attention will be giving in High Priority areas like sanitation, Drinking water etc…
The funds will also be spent on making roads, bridges, railways, waterways projects, irrigation and alternative energy sources to maintain a healthy environment.

G.K. Related Question:

Who is the Minister of Mines and Steel?

View Answer

Answer Shri Narendra Singh Tomar.