Correct Option
District Mineral Foundations (DMFs) are statutory bodies established under the Mines and Minerals (Development and Regulation) Amendment Act, 2015. Their primary purpose is to work for the welfare and development of individuals and areas affected by mining-related operations. Funds for DMFs are generated through contributions from mining leaseholders, which are then utilized for various developmental and welfare projects in mining-affected regions. Therefore, statement 2, which refers to protecting the interests of persons affected by mining operations, is correct.
Incorrect Options
Statement 1 is incorrect. The mandate of District Mineral Foundations does not include promoting mineral exploration activities. Their focus is on the welfare, rehabilitation, and development of communities and regions impacted by existing mining operations, rather than the initial stages of mineral exploration.
Statement 3 is incorrect. The authority to issue licenses for mineral exploration is vested in the respective State Governments, as per the provisions of the Mines and Minerals (Development and Regulation) Act. District Mineral Foundations do not have the power to authorize State Governments or issue licenses for mineral exploration.