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India’s ₹1.31 Lakh Crore DMF Pool: Collection Grows, Spending Lags

Fact-checked by FindFake · 19 August 2026

TL;DR: India’s mining-fiscal debate is shifting from who collects mineral revenue to who controls and benefits from it. DMF collections have reached ₹1.31 lakh crore, but only about 53% has been spent. Funds are heavily concentrated in a few mineral-rich states, while project execution remains uneven. With DMF accruals projected to grow sharply, the 2026 [...]

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