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(THE GIST OF PIB) Prime Minister's National Relief Fund

[November-2022]

Recently, Prime Minister, Shri Narendra Modi has announced an ex-gratia from the PMNRF for the victims of the mishap in Morbi.

Prime Minister's National Relief Fund (PMNRF) was established entirely with 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. The fund is recognized as a Trust under the Income Tax Act and the same is managed by Prime Minister or multiple delegates for national causes.
PMNRF accepts voluntary contributions from Individuals, Organizations, Trusts, Companies and Institutions etc.
All contributions towards PMNRF are exempt from Income Tax under section 80(G).
The resources of the PMNRF are utilized to render immediate relief to families of those killed in natural calamities like floods, cyclones and earthquakes, etc.
Assists partially to defray the expenses for medical treatment like heart surgery, kidney transplantation, cancer treatment of needy people and acid attack etc.