An amount equivalent to the proceeds of the duty levied under this Act, reduced by the cost of collection as determined by the Central Government, together with any income from investment of the said amount and any other moneys received by the Central Government for the purposes of this Act, shall, after due appropriation made by Parliament by law, be utilised by the Central Government to meet the expenditure incurred in connection with measures which, in the opinion of that Government, are necessary or expedient to promote the welfare of labour employed in the iron ore mining industry; and in particular,-
(a) To defray the cost of measures for the benefit of labour employed in the iron ore mining industry directed towards-
(i) The improvement of public health and sanitation, the prevention of disease and the provision and improvement of medical facilities,
(ii) The provision and improvement of water supplies and facilities for washing,
(iii) The provision and improvement of educational facilities,
(iv) The improvement of standards of living including housing and nutrition, the amelioration of social conditions and the provision of recreational facilities, and
(v) The provision of transport to and from work;
(b) To make grants to a State Government, a local authority, the owner of an iron ore mine or any other person, of money in aid of any scheme approved by the Central Government for any purpose connected with the welfare of labour employed in the iron ore mining industry;
(c) To pay annually grants-in-aid to such of the owners of iron ore mines as provide to the satisfaction of the Central Government welfare facilities of the prescribed standard for the benefit of labour employed in their mines, so, however, that the (amount payable as grant-in-aid to the owner of an iron ore mine shall not exceed-
(i) The amount spent by the owner of the mine in the provision of welfare facilities, as determined by the Central Government or any person specified by it in this behalf, or
(ii) Such amount as may be prescribed by rules made under this Act; whichever is less:
Provided that no grant-in-aid shall be payable in respect of any welfare facilities provided by the owner of an iron ore mine where the amount spent thereon determined as aforesaid is less than the amount prescribed by rules made in this behalf;
(d) To meet the allowances, if any, of members of the Advisory Committees constituted under section 4, and the salaries and allowances, if any, of persons appointed under section 5