DMF Funds

The mineral resources department issued a notification last week for the implementation of the Chhattisgarh District Mineral Foundation Rule-15

Unfulfilled credit demand in riskier segments, lack of high-yielding options create opportunities

Currently, 65 per cent of DMF corpus remains unutilised

Data posted on the Ministry of mines website shows 21 mineral rich states have barely been able to expend 36% of the funds approved under DMF

State has spent less than a quarter of Rs 7,909 crore it collected by June end; 3,617 of 12,605 projects under DMF yet to take off

Though the overall utilisation of DMF funds in the state has been about 78 per cent, it is dismal in the districts affected by Left wing extremism