Vidhi Codex

Bare Act

The Chhattisgarh Mineral Development Fund Act, 2003

Infrastructure200310 sections

The Chhattisgarh Mineral Development Fund Act, 2003 establishes a dedicated financial fund to support mineral investigation, exploration, and mining activities in the state of Chhattisgarh. It applies to the state's Mineral Resources Department, the Directorate of Geology and Mining, and the Chhattisgarh Mineral Development Corporation. The legislation outlines the allocation and management of the fund, supervised by a high-level Advisory Committee chaired by the Chief Minister. This Act matters because it ensures structured financing for mineral exploration, mining infrastructure, joint ventures, and mineral-based industrial growth, driving economic development while enforcing financial accountability through annual reporting to the state legislature.

Start reading →Read full ActSections
  1. 1. Short title and Commencement.
  2. 2. Definitions.
  3. 3. Amendment of Section 6.
  4. 4. Allotment of Fund.
  5. 5. Utilisation of Fund.
  6. 6. Advisory Committee.
  7. 7. Accounting Fund.
  8. 8. Protection of action taken in good faith.
  9. 9. Power to remove difficulties.
  10. 10. Power to make rules.

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