The fund is held by the Finance Secretary (Department of Economic Affairs) on behalf of the President of India and it can be operated by executive action. - The State Government shall establish in and for the State of Haryana a Fund to be called "the Contingency Fund of the State of Haryana" in the nature of an imprest account. Correct option is . The request comes on the heels of a KOB 4 Investigates Team story that exposed potential misuses of the fund by Governor Michelle Lujan Grisham and her staff. Money for the Account must be provided by direct legislative appropriation. The corpus varies across states and the quantum is decided by the State legislatures.[5]. Coordinator for the Arctic Region, Under Secretary for Arms Control and International Security, Bureau of Arms Control, Verification and Compliance, Bureau of International Security and Nonproliferation, Under Secretary for Civilian Security, Democracy, and Human Rights, Bureau of Conflict and Stabilization Operations, Bureau of Democracy, Human Rights, and Labor, Bureau of International Narcotics and Law Enforcement Affairs, Bureau of Population, Refugees, and Migration, Office of International Religious Freedom, Office of the Special Envoy To Monitor and Combat Anti-Semitism, Office of the U.S. Special Coordinator for Tibetan Issues, Office to Monitor and Combat Trafficking in Persons, Under Secretary for Economic Growth, Energy, and the Environment, Bureau of Oceans and International Environmental and Scientific Affairs, Office of the Science and Technology Adviser, Bureau of the Comptroller and Global Financial Services, Bureau of Information Resource Management, Office of Management Strategy and Solutions, Bureau of International Organization Affairs, Bureau of South and Central Asian Affairs, Under Secretary for Public Diplomacy and Public Affairs, U.S. 500 crores. 17 Nov 2020 . About the CFE. Regarding the enactment of an ordinary law, the State Legislative Council: A). These unforeseen events, which the Contingency Fund is used to fund, may be flooding, army worm attacks on crops, disease outbreaks, war situations and other happenings of that nature that call for urgent interventions by the state. ALBUQUERQUE, N.M.- New Mexico State Auditor Brian Colon is examining the governor's use of her contingency fund. 50 crore to Rs 500 crore. [1], The Constitution of India authorized[2] the parliament to establish a contingency fund of India. This money is on reserve and is not allocated to any specific area of work. This document is part of a collection Coronavirus (COVID-19): Allies and partner nations. TANF Contingency Fund Awards, 2019; PRINT. GSCFs broad authority allows for tailored and integrated assistance programs coordinated through interagency planning to support security capacity building for U.S. General Knowledge. The Contingency Fund of the State is operated by A. the Governor of the State; B. the Chief Minister of the State; C. the State Finance Minister; D. None of the above; Check Answer; Complaint Here As Incorrect Question / Answer; The provision for Contingency fund of India as well as for each state has been made under A. Definition of 'Contingency Fund'. Contingency Fund Revenue and Expenditure Chief Minister. 3) The State Finance Minister. The Contingency Fund of India is established under Article 267 of the Indian Constitution. in which case a joint sitting is called. [4] In 2021, it was proposed to raise the fund to Rs 30,000 crore. Answer verified by Toppr . D. Council of Ministers. Current Contingency Fund Design Limits Funds Effectiveness. Accordingly, Parliament enacted the contingency fund of India Act 1950. Consolidated Fund of the State Contingency Fund of the State - Sanction of advances Fiscal Analysis Cell Financial Rules Economy in Expenditure Fundamental Rules (including revised leave rules).Directorate of Treasuries and Accounts Service (including Treasuries, Local Fund Audit and State Life Insurance Fund) Loans and Advances It is in the nature of an imprest (money maintained for a specific purpose). This fund is used to meet loss occurred due to disasters, unforeseen actions, natural calamities, relief camps etc. (There also ALBUQUERQUE, N.M.- New Mexico State Auditor Brian Colon is examining the governor's use of her contingency fund. may delay it for a maximum period of four months. B. At the same time, lawmakers created and funded a disaster assistance contingency account to handle situations The Contingency Fund of the State is operated by the. The corpus of this fund is Rs. The Contingency Fund of In 2). 11 Nov 2020 . Contingency Fund for Emergencies (CFE) 18 February 2021 | Guinea. Contingency Funds for States. Updated to eligibility criteria to add that ALEOs are not eligible. The Legislature then changed state law in 2014 to allow the governor to declare a state of emergency for disaster relief without calling a special session. State support funding is the combination of state General Funds and state source special funds. Be it any exam, we have all that you need to know to crack it. Contingency Fund of India Provision for this fund is made in Article 267 (1) of the Constitution of India. The Contingency Fund of India is set up in the nature of an imprest account under Article 267 (1) of the Constitution of India. It provides the Secretaries of State and Defense with a flexible tool to pool funding and expertise across agencies to help advance the U.S. governments overall strategic objectives and meet security challenges that arise outside of the regular budget cycles. In 2005, the amount of the fund was raised from Rs 5 crore to Rs 500 crore. The purpose of the fund is to carry out security and counterterrorism training, and rule of law programs. Description: This fund was constituted by the government under Article 267 of the Constitution of India. Examsbook.com is an ultimate one-stop haven of knowledge. The statement was issued by State Financial Secretary Office in response to Parti Sarawak Bersatu (PSB) Dato Sri Wong Soon Koh alleging the absence of the Contingency Fund in its 2020 State "Our office has received a A joint program with the U.S. Department of Defense, GSCF is an effective and flexible tool to address urgent security challenges and seize emerging opportunities that further U.S. foreign policy and national security interests by strengthening our partners capabilities to conduct border and maritime security, internal defense, counterterrorism, and other authorized operations.
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