Maharashtra Mineral Development (Creation and Utilisation) Fund (Repeal) Act, 2016
Maharashtra Mineral Development (Creation and Utilisation) Fund (Repeal) Act, 2016
The Maharashtra Mineral Development (Creation and Utilisation) Fund (Repeal) Act, 2016, serves as a legislative instrument to dissolve the previous state-level fund structure established in 2001. Its primary purpose is to transition the management of mineral development activities and financial schemes from the state-controlled "Maharashtra Mineral Development Fund" to the District Mineral Foundation Trusts (DMFTs). By repealing the 2001 Act, the government decentralized the administration of mineral resources, aligning Maharashtra with the national framework under the Mines and Minerals (Development and Regulation) Act, 1957. For citizens and mining stakeholders, this means that applications for mineral-related infrastructure and development support are now governed by district-level authorities rather than the former state-level fund.
- 1. Short title and commencement
- 2. Repeal of Mah. XIX of 2001
- 3. Schemes, various activities and functions to be implemented by District Mineral Foundation Trust
- 4. Allotment of Fund
- 5. Utilisation of Fund
- 6. Procedure for financial assistance from Fund
- 7. Advisory Committee
- 8. Disqualification and removal of appointed member
- 9. Provided that, no person shall be removed under this section unless that person had been given a reasonable opportunity of being heard by the Government.
- 10. Protection of action taken in good faith
- 11. Power to make rules
- 12. Power to remove difficulties
- 13. Provided that, no such order shall be made after the expiry of a priod of two years from the date of commencement of this Act.
PDF: pending for this language.