Pradhan Mantri Khanij Kshetra Kalyan Yojana, PMKKKY - GS questions based on daily current affairs

1)   Which of the following statements is/are correct about the Mines and Minerals (Development & Regulation) Amendment Act, 2015?

1. Under the act, it is mandatory to set up District Mineral Foundations (DMFs) in all districts in the country affected by mining related operations.
2. Contribution payable by miners to the DMFs is 30% of the royalty if mining leases executed before 12th January, 2015 or 10 % after 12th January, 2015

a. Only 1
b. Only 2
c. Both
d. None
Answer  Explanation 

ANSWER: Both

Explanation:
Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY) is a new program meant to provide for the welfare of areas and people affected by mining related operations, using the funds generated by District Mineral Foundations (DMFs).

The objective of PMKKKY scheme will be

- To implement various developmental and welfare projects/programs in mining affected areas that complement the existing ongoing schemes/projects of State and Central Government

- To minimize/mitigate the adverse impacts, during and after mining, on the environment, health and socio-economics of people in mining districts

- To ensure long-term sustainable livelihoods for the affected people in mining areas. Care has been taken to include all aspects of living, to ensure substantial improvement in the quality of life. High priority areas like drinking water supply, health care, sanitation, education, skill development, women and child care, welfare of aged and disabled people, skill development and environment conservation will get at least 60 % share of the funds.

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