District Mineral Foundation Trust
ABOUT DMF EGD- 2023 :
Chairperson-District Mineral Foundation Trust
ESTABLISHMENT:
As per G.O.Ms.No.36, Inds.& Com. (M.II) Department, dated: 14.03.2016 District Mineral Foundation Trust, East Godavari District was registered on 29.7.2022 vide Regd no. BK-4,CS No147/2022& Doct No.141/2022 Sheet 1 of 14. Governing Council for DMFT, East Godavari District was notified and has been functioning under the chairmanship of Collector & District Magistrate, East Godavari District.
DMF CONTRIBUTIONS:
From total DMF contributions, received from the Quarry leases 98% amount is being received through CFMS to the District PD DDO code and remaining 2% amount shall be received by the Director of Mines and Geology, Ibrahimpatnam. Out of 98% DMF contributions, 95% of funds shall be allotted for Development in mining affected Villages in the district and 3% of funds shall be utilized in DMFT, East Godavari District to meet administrative expenditure.
As on 04.11.2023, an amount of Rs. 177246869.80 /- is available in PD DDO Code of District Mineral Foundation Trust, Erstwhile East Godavari District. After formation of new districts, an amount of Rs. 74482668.30/- is available in PD DDO Code of District Mineral Foundation Trust, East Godavari District.