Business News | Two-day National District Mineral Foundation Summit from Monday to Boost Development in Mining-affected Districts
Get latest articles and stories on Business at LatestLY. According to a statement released by the Ministry of Mines, "The Summit aims to strengthen inter-governmental coordination and identify policy reforms for improving the effective and outcome-oriented utilisation of DMF funds in mining-affected districts, particularly in Aspirational District Programme (ADP) and Aspirational Block Programme (ABP) areas."
New Delhi [India], March 22 (ANI): Union Minister of Coal and Mines, G Kishan Reddy, will inaugurate the two-day National District Mineral Foundation (DMF) Summit 2026 on Monday at the SCOPE Convention Centre in the national capital.
The Summit, titled Effective Utilisation of District Mineral Funds for ADP/ABP Areas, aims to strengthen inter-governmental coordination and identify policy reforms for improving the effective and outcome-oriented utilisation of DMF funds in mining-affected districts, particularly in Aspirational District Programme (ADP) and Aspirational Block Programme (ABP) areas, a release said.
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Union Minister of State for Coal & Mines, Satish Chandra Dubey, and Secretary, Ministry of Mines, Piyush Goyal, will also grace the occasion.
According to a statement released by the Ministry of Mines, the two-day Summit will bring together senior officials from Central Ministries, State Governments, District Administrations, NITI Aayog, and other stakeholders to deliberate on challenges, best practices, and reform measures related to DMF planning, implementation, and monitoring.
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The Summit has been preceded by a focused consultative exercise led by the Ministry of Mines to capture State and district-level perspectives. A Concept Note outlining objectives and thematic areas was shared with DMF States, 306 DMF districts in ADP/ ABP areas, and NITI Aayog in January 2026, the release said.
This was followed by a virtual national consultation with the States/ Districts chaired by the Secretary, Ministry of Mines, and a follow-up in February. State-level internal deliberations involving district administrations and State line departments were organised by the States. Subsequently, the States submitted summarised inputs highlighting key challenges, actionable recommendations, and examples of effective DMF-funded interventions.
Based on these inputs, the Ministry prepared a Comprehensive Final Note, which will serve as the principal reference document for deliberations during the Summit. The Summit will focus on effective fund utilisation in ADP/ ABP areas, including aspects of governance, transparency, convergence, impact assessment and performance. Presentations will be made by the respected State representatives, NITI Aayog and BiSAG-N, followed by discussions by participating delegates, the release added.
On the sidelines of the Summit, a DMF Exhibition will be organised, showcasing successful projects and best practices funded through DMF resources across States.
The exhibition will feature initiatives across priority sectors such as health, nutrition, water supply, education, skill development, livelihoods, renewable energy, and infrastructure, demonstrating the role of DMF funds in driving inclusive development in mining-affected and aspirational areas.
The National DMF Summit 2026 is expected to contribute towards building consensus on reform priorities, enhancing convergence with national development programmes, and strengthening the effective utilisation of DMF funds for sustainable and inclusive development. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)