Frequently Asked Questions
1. Who heads the Chief Minister's Relief Fund?
Ans. The Chief Minister heads the Chief Ministers Relief Fund.
2. How is the Chief Minister's Relief Fund (CMRF) administered?
Ans. The fund is administered on an honorary basis by Principal Secretary to the Chief Minister as Secretary of the fund. He is assisted on honorary basis by an Officer of the rank of Joint Secretary/ Jt. Director.
3. What criterions have been fixed for disbursal of funds held under CMRF?
Ans. The disbursement out of the fund is made at the discretion of the Chief Minister, and in accordance with the Chief Ministers directions
4. How the surplus funds of CMRF are deployed?
Ans. In general, funds are either disbursed immediately or they are committed for specific purposes. The balance is suitably deployed to ensure long term sustainability. CMRF funds are invested with banks in form of fixed deposits, to ensure maximum risk free returns.
5. Is CMRF exempted from paying Income Tax?
Ans. Yes, the fund is exempted from Income Tax under Section 10(23) (c)
6. Are contributions towards the CMRF exempted from Income Tax?
Ans. Yes, all contributions towards the CMRF are exempted from Income Tax under Section 80(G).
7. How are the funds available with the CMRF proposed to be utilized?
Ans. A very large proportion of the funds stands committed to be utilized in a phased manner for various schemes announced by CM. Funds are also earmarked for medical assistance, floods, drought, terrorist violence and other such unforeseen occurrences, with a reserve for emergencies.
8. What is the method of selection of eligible recipients?
Ans. The disbursement out of the fund is made at the discretion of the Chief Minister, and in accordance with the Chief Ministers directions.