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