FINANCIAL ASSISTANCE FOR THE DEVELOPMENT OF BUDDHIST/TIBETAN CULTURE AND ART

  • Recently, the Ministry of Culture has launched a Scheme of Financial Assistance for the Development of Buddhist/Tibetan Culture and Art under “Kala Sanskriti Vikas Yojna (KSVY)”.
  • Under this scheme, financial assistance is provided to the voluntary Buddhist and Tibetan Organizations including Monasteries engaged in the propagation and scientific development of Buddhist/ Tibetan Culture and tradition, located in any part of the country. The quantum of funding is Rs.30 lakhs per year for an organization.

Important points:

  • KSVY is an umbrella scheme under the Ministry of Culture for the promotion of art and culture in the country. It is a central sector scheme
  • The ministry implements many schemes under KSVY, where the grants are sanctioned/approved for holding programs/activities.
  • Scheme of Financial Assistance for Promotion of Art and Culture.
  • Scheme of Financial Assistance for Creation of Cultural Infrastructure.
  • Scheme for Safeguarding the Intangible Cultural Heritage, which aims to promote the 13 intangible cultural heritage of India, recognised by the United Nations Educational, Scientific and Cultural Organization (UNESCO).

SOURCE: THE HINDU,THE ECONOMIC TIMES,MINT

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