Rs 1.22,000 Crores additional revenue from Mines auctions

After the Amendment in the MMDR Act in 2015, the Auctions of mines so far has led to an additional revenue of over Rs. 1,22,000 Crores accruing to the States during the life span of the mines in 50 years.  In addition, the amount collected in the DMF funds in the Districts affected by the mining activities is over Rs. 1000 crores till now, which will be spent in the development of these very districts and the people of these districts.