A fixed portion of the royalty on mining of major minerals will now be given by the Mining land lease owners to the District Mining Trust .
The amount will be utilised for the development of the areas around mining excavations.
This information was provided at a State-level Monitoring Committee meeting of the Chhattisgarh District Mining Trust Act 2015 presided over by the Chief Minister Raman Singh at his official residence here on Monday.
Sixty per cent of the amount received by the Mining Trust will be spent on the Priority regions. The amount will be spent on drinking water facility, environment conservation, pollution control, health provisions, education, agriculture and allied activities, women and child welfare, senior citizens and physically handicapped.
The remaining 40 per cent amount will be spent on infrastructure, irrigation, electricity and the State- sponsored other projects.
The State Government has received Royalties worth `3,365 crore from coal, iron ore and Bauxite in the last fiscal 2014-15.
Agriculture and Water Resources Minister Brijmohan Agrawal, School Education and Tribal Development Minister Kedar Kashyap, Forest Minister Mahesh Gaagda, Chief Secretary Vivek Dhand, Panchayat and Rural Development Department Additional Chief Secretary MK Raut, Agriculture Department Additional Chief Secretary Ajay Singh, Energy Department Principal Secretary Aman Kumar Singh, Forest Department Principal Secretary RP Mandal, Finance Department Secretary Amit Agrawal, Mining Resources Department Secretary Subodh Kumar Singh, Public Relations Department Secretary Ganesh Shankar Misra, Director of Public Relations Rajesh Sukumar Toppo and a lot of senior officers of various departments were also present at the meeting.
Subodh Kumar Singh gave a detailed presentation of the District Mining Trust Institution.
The regions to be affected by the mining excavations in the 22 districts have been earmarked and it has been made public on January 2, 2016. The districts identified are Dantewada (Jagdalpur), Sukma, Bijapur, Narayanpur and Kondagaon, Balod, Rajnandgaon, Durg, Dhamtari, Kanker, Korba, Janjgir-Champa, Bilaspur, Jashpur, Korea, Raigarh, Mahasamund, Baloda-bazar and Raipur.
A 26 -member Governing Council and 17-member management Committee had been constituted.
Notably, Chhattisgarh is also set to earn estimated revenue of `51,596 crore from its five mines auctioned among 29 in the country under the provisions of Coal Mines (Special Provisions) Act, 2015 during the mining lease
period.
The specified end-users of the mines are in the non-regulated sector. The mines are Chotia, Gare Palma IV-4, Gare Palma IV-5, Gare Palma IV-7, Gare-Palma Sector-IV/8.
So far 29 coal mines have been auctioned under the provisions of Coal Mines (Special Provisions) Act, 2015 and the Rules made thereunder, officials stated.
The auction process for non-regulated sector viz. Iron and Steel, Cement and Captive Power was based on forward bidding process where bidders had to submit their final price offer above the applicable floor price.
In case of Power sector which is a regulated one, reverse bidding methodology was adopted where bidders had to submit bids below the applicable ceiling price, which shall be taken as fuel cost in determination of power tariff.
Chhattisgarh Chief Minister Raman Singh recently announced that Chhattisgarh’s revenue collections have increased by 10 per cent as the Central Government had accepted the recommendations of the 14th Finance Commission.
About `6400 crore extra funds will now be available for the State. The royalty on mining resources and the auction of coal mines will bring extra funds amounting to `2200 crore to the State.