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Ramgarh mining revenue increases: Rs 203 crore to DMFT, exceeds target. Ranchi News

Ramgarh Mining Revenue Increase: Rs 203 Crore to DMFT, Exceeding Target

Ramgarh: The district has received Rs 203 crore as mining royalty to the District Mineral Foundation Trust (DMFT) in the last financial year, officials said here on Thursday. In the financial year 2024-25, the district had received Rs 171 crore in DMFT fund.Officials further said that the district’s mining revenue collection in the last financial year was Rs 1,403 crore, which is higher than the target of Rs 1,193 crore given by the state mining department.Deputy Commissioner Faiz Ak Ahmed Mumtaz said, “The district has made a good achievement in terms of mining revenue collection with a substantial increase of 63% compared to FY 2024-25. The DMFT share has also increased. The funds will be used for development works in mining affected areas.”Ramgarh District Mining Officer Nishant Abhishek said that in the last financial year, 63 FIRs were lodged in the police stations of the district against illegal mining and transportation of illegally mined minerals. “Besides, 107 vehicles carrying minerals illegally were seized,” Abhishek said.

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