The Odisha Rural Infrastructure and Socio-Economic Development Act, 2004

The Odisha Rural Infrastructure and Socio-Economic Development Act, 2004

This legislation regulates the imposition and collection of a dedicated development tax on mineral-bearing lands across Orissa. It applies to individuals and mining companies holding land used for extracting coal and other minerals within the state. Under the Act, landholders must pay an annual tax calculated from the value of minerals produced, capped at twenty percent of that annual value. The proceeds are pooled into a state-administered fund to build rural infrastructure and promote healthcare, education, sanitation, and job creation in rural and backward areas. Importantly, at least ten percent of these funds must be spent directly on community development within mining areas.

PDF: pending for this language.