Section 47
National Disaster Mitigation Fund.
The Disaster Management Act, 2005
About this Act
An Act to provide for the effective management of disasters and for matters connected therewith or incidental thereto.
(1) The Central Government may, by notification in the
Official Gazette, constitute a Fund to be called the National Disaster Mitigation Fund for projects
exclusively for the purpose of mitigation and there shall be credited thereto such amount which the
Central Government may, after due appropriation made by Parliament by law in this behalf, provide.
(2) The National Disaster Mitigation Fund shall be applied by the National Authority.
(2) The National Disaster Mitigation Fund shall be applied by the National Authority.