1.PRIME MINISTER’S NATIONAL RELIEF FUND (PMNRF)
PM approves an ex-gratia of Rs. 2 lakh each from PMNRF for the next of kin of those who have lost their lives due to hospital fire in Maharashtra.
- PMNRF was established in 1948 by Pt. Jawaharlal Nehru.
- The initial purpose of the fund was to help people displaced due to the partition of India and Pakistan.
- The resources of the PMNRF are now utilized primarily to render immediate relief to families of those killed in natural calamities like floods, cyclones and earthquakes, etc. and to the victims of major accidents and riots.
- Assistance from PMNRF is also rendered, to partially defray the expenses for medical treatment like heart surgeries, kidney transplantation, cancer treatment and acid attack, etc.
- The fund consists entirely of public contributions and does not get any budgetary support.
- The corpus of the fund is invested in various forms with scheduled commercial banks and other agencies.
- Disbursements are made with the approval of the Prime Minister.
- PMNRF has not been constituted by the Parliament.
- Prime Minister is the Chairman of PMNRF and is assisted by Officers/Staff on honorary basis.
- The fund is recognised as a trust under the Income Tax Act and all contributions to the fund are notified for 100% deduction from taxable income under section 80(G) of the Income Tax Act, 1961.