National District Mineral Foundation Portal
22.07.2024
National District Mineral Foundation Portal
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For Prelims: About National District Mineral Foundation Portal, Key facts about the District Mineral Foundation |
Why in the news?
Recently, the Union Minister of Coal and Mines launched the Mineral Exploration Hackathon and the National District Mineral Foundation (DMF) Portal.
About National District Mineral Foundation Portal:
- It is a centralized platform to gather the information on the District Mineral Foundations across the country.
- Aim: The aim for launching this portal is to facilitate the access to the DMF data and track the developments and utilizations thereunder.
- This portal provides details of 645 DMFs in the country with enhanced transparency, featuring centralized visibility of activities, project oversight, and dynamic analytics, as well as a repository of best practices for effective implementation.
Key facts about the District Mineral Foundation
- It is a trust set up as a non-profit body under the Mines and Minerals (Development and Regulation) (MMDR) Amendment Act 2015.
- Purpose: To work in the interest and benefits of persons and areas affected by mining-related operations in a manner as may be prescribed by the respective State Government.
- Funding: It is funded through the contributions from the holders of major or minor mineral concessions in the district, as may be prescribed by the Central or State Government.
- Jurisdiction:
- The operation of DMFs falls under the jurisdiction of the relevant State Government.
- The composition and function of the District Mineral Foundation shall be such as may be prescribed by the State Government.
- The fund for DMF is collected at the district level.
Source: PIB
Ques :- Consider the following statements regarding the National District Mineral Foundation (DMF)
Portal:
Statement-I
It is a centralized platform to gather information on the District Mineral Foundations across the country.
Statement-II
It aims to facilitate access to the DMF data and track the developments and utilizations thereunder.
Which one of the following is correct in respect of the above statements?
A.Both Statement-I and Statement-II are correct, and Statement-II is the correct explanation for Statement-I.
B.Both Statement-I and Statement-II are correct, and Statement-II is not the correct explanation for Statement-I.
C.Statement-I is correct, but Statement-II is incorrect.
D.Statement-I is incorrect, but Statement-II is correct.
Answer A