Contingency Fund of India

E545557

The Contingency Fund of India is an emergency reserve at the disposal of the President to enable the government to meet unforeseen expenditures pending authorization by Parliament.

All labels observed (4)

Label Occurrences
Contingency Fund of India canonical 6
Contingency Fund of a State 2
Contingencies Fund 1

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf government contingency fund ⓘ
public finance instrument ⓘ
administeredBy Government of India ⓘ
amendableBy Parliament of India ⓘ
beneficiary Union Government of India ⓘ
linked to: Government of India
characteristic not used for routine government expenditure ⓘ
used only for urgent and unforeseen needs ⓘ
constitutionalCategory Union contingency fund ⓘ
constitutionalStatus established under the Constitution of India ⓘ
controlledBy President of India ⓘ
corpusEnhancedBy Finance Act, 2005 ⓘ
linked to: Finance Act (India)

Finance Act, 2021 ⓘ
linked to: Finance Act (India)
corpusEnhancedTo Rs 30,000 crore ⓘ
Rs 500 crore ⓘ
country India ⓘ
disbursementAuthority President of India ⓘ
disbursementProcess advances made on the authority of the President ⓘ
expenditureType unforeseen expenditure ⓘ
urgent expenditure ⓘ
fundingMechanism temporary advances for expenditure pending parliamentary authorization ⓘ
fundType emergency reserve fund ⓘ
headOfAccount part of the public account of India for accounting purposes ⓘ
initialCorpus Rs 50 crore ⓘ
jurisdiction Union Government of India ⓘ
linked to: Government of India
languageName_en Contingency Fund of India ⓘ
legalBasis Article 267(1) of the Constitution of India ⓘ
levelOfGovernment Union level ⓘ
managedBy Ministry of Finance ⓘ
nature revolving fund ⓘ
operatedBy Department of Economic Affairs ⓘ
parliamentaryControl ex post facto approval of expenditure ⓘ
purpose to meet unforeseen expenditure ⓘ
to provide an emergency reserve for the Union Government ⓘ
relatedConcept Consolidated Fund of India ⓘ
Contingency Fund of a State ⓘ
Public Account of India ⓘ
relationshipWithOtherFunds distinct from the Consolidated Fund of India ⓘ
distinct from the Public Account of India ⓘ
repaymentRequirement advances must be recouped after parliamentary approval ⓘ
replenishmentSource Consolidated Fund of India ⓘ
requires subsequent inclusion of expenditure in an Appropriation Act ⓘ
requiresAuthorizationFrom Parliament of India ⓘ
scope expenditure of the central government ⓘ
sector public finance ⓘ
usedFor natural disasters ⓘ
other urgent national emergencies ⓘ

How these facts were elicited

Referenced by (10)

Full triples — surface form annotated when it differs from this entity's canonical label.

Consolidated Fund of India → excludes → Contingency Fund of India ⓘ
Appropriation Bill (India) → relatedFund → Contingency Fund of India ⓘ
subject linked to: Appropriation Bill
Public Account of India → distinctFrom → Contingency Fund of India ⓘ
Contingency Fund of India → constitutionalCategory → Union contingency fund ⓘ
linked to: Contingency Fund of India
Contingency Fund of India → relatedConcept → Contingency Fund of a State ⓘ
linked to: Contingency Fund of India
Contingency Fund of India → languageName_en → Contingency Fund of India ⓘ
Government accounts of India → includesFund → Contingency Fund of India ⓘ
Part XII of the Constitution of India → governs → Contingency Fund of India ⓘ
Part XII of the Constitution of India → governs → Contingency Fund of a State ⓘ
linked to: Contingency Fund of India
Public Finance Management Act 2012 → establishes → Contingencies Fund ⓘ
linked to: Contingency Fund of India