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== Prime ministerial funds == The prime minister presides over various funds. === National Defence Fund === {{Main|National Defence Fund}} The [[National Defence Fund]] (NDF) was set up the Indian government in 1962, in the aftermath of [[Sino-Indian War|1962 Sino-Indian War]]. The prime minister acts as chairperson of the fund's executive committee, while, the ministers of defence, finance and home act as the members of the executive committee, the finance minister also acts the treasurer of the committee. The secretary of the fund's executive committee is a [[Joint secretary to Government of India|joint secretary]] in the Prime Minister's Office, dealing with the subject of NDF.<ref>{{Cite web|url=http://www.pmindia.gov.in/en/national-defence-fund/|title=National Defence Fund|website=Prime Minister of India, [[Government of India]]|access-date=10 April 2018}}</ref> The fund—according to its website—is "entirely dependent on voluntary contributions from the public and does not get any budgetary support.". Donations to the fund are 100% tax-deductible under section 80G of the ''[[Income Tax Act, 1961]]''.<ref name=":10">{{Cite news|url=http://www.zeebiz.com/personal-finance/news-heres-how-you-can-avail-tax-deduction-under-section-80g-34774|title=Here's how you can avail tax deduction under Section 80G|date=10 January 2018|work=[[Zee Business]]|access-date=10 April 2018}}</ref><ref>{{Cite news|url=https://www.thequint.com/news/india/whatsapp-asking-for-funds-for-the-army-is-not-a-hoax-but-is-is-also-not-entirely-true-indian-army-clarification|title=The Army Welfare Fund That You Might Think is a Hoax, But Isn't|last=Malhotra|first=Hansa|date=12 June 2018|work=[[The Quint]]|access-date=10 April 2018}}</ref> === Prime Minister's National Relief Fund === The Prime Minister's National Relief Fund (PMNRF) was set up by the first prime minister of India—[[Jawaharlal Nehru]]—in 1948, to assist displaced people from Pakistan. The fund, now, is primarily used to assist the families of those who are killed during natural disasters such as earthquakes, cyclones and flood and secondarily to reimburse medical expenses of people with chronic and deadly diseases.<ref>{{Cite web|url=http://www.pmindia.gov.in/en/pms-funds/|title=PM National Relief Fund|website=Prime Minister of India, [[Government of India]]|access-date=10 April 2018}}</ref> Donations to the PMNRF are 100% tax-deductible under section 80G of the ''Income Tax Act, 1961''.<ref name=":10" /> === Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM Cares Fund) === In March 2020, after the rapid spread of the COVID – 19 virus from Wuhan to countries across the world, Prime Minister [[Narendra Modi]] announced the formation of a special fund to deal with any kind of emergency or distress situations like the COVID-19 pandemic.<ref>{{Cite web|title=PM CARES Fund – PM's Citizen Assistance & Relief in Emergency Situations Fund|url=https://www.pmcares.gov.in/|access-date=21 February 2022|website=www.pmcares.gov.in}}</ref> The fund being fully voluntary without any government budgetary support, PM Modi appealed to the public to donate generously towards the fund. Following this donors from all sections of the society donated whole heartedly. Initially in FY 2019–20 the fund received Rs 3076.62 crores in just 5 days of its announcement. Initially the fund was used to procure COVID emergency products like ventilators, PPE kits for frontline workers and also funding the vaccine resaearch efforts and procurement. By FY 2020–21 the corpus of the [[PM CARES Fund|PM Cares Fund]] was around Rs 10990 crore.<ref>{{Cite news|title=PM CARES Fund corpus triples to Rs 10,990 crore in FY 2020–21; disbursal rises to Rs 3,976 crore|work=The Economic Times|url=https://economictimes.indiatimes.com/news/india/pm-cares-fund-corpus-triples-to-rs-10990-crore-in-fy-2020-21-disbursal-rises-to-rs-3976-crore/articleshow/89412517.cms|access-date=21 February 2022}}</ref>
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