PM National Relief Fund (PMNRF)

  • The fund consists entirely of public contributions and does not get any budgetary support.
  • The corpus of the fund is invested with banks in fixed deposits.
  • 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.
  • Telegram: https://t.me/SimplifiedIAS

  • PMNRF is exempt under Income Tax Act.
  • Prime Minister is the Chairman of PMNRF and is assisted by Officers/ Staff on honorary basis.
  • These contributions also qualify as CSR (corporate social responsibility) spend for companies, making it more attractive in terms of tax exemptions.
  • PMNRF accepts only voluntary donations by individuals and institutions.
  • Contributions flowing out of budgetary sources of Government or from the balance sheets of the public sector undertakings are not accepted.
  • At the time of natural calamity of devastating scale, Prime Minister, makes an appeal for donation to the fund.
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