A LEADING SOURCE OF CURRENT NEWS, EVENTS, VIEWS & ANALYSIS FOR COMPETITIVE EXAMS
Thursday, 10 May 2012
Indian Community Welfare Fund
The Government of India provides budgetary support
for the setting up of the fund in Indian Missions with allocations
ranging from Rs.5-15 lakh So far as the corpus of such fund is
concerned. The Ministry’s contribution is initially for a period of 3
years or till the period the fund becomes self sustaining whichever is
earlier. The amount is released annually and is limited to meet the
deficit in the financial resources of the Missions, with due regard to
the utilization of the amount released during previous years. Funds
raised by the Indian Missions by levying a service charge on Consular
Services and voluntary contributions by the Indian community.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment