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 (1)
| Label | Occurrences |
|---|---|
| Contingency Fund of India canonical | 2 |
How this entity was disambiguated
This entity first appeared as the object of triple T5739059 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
Target entity: Contingency Fund of India Context triple: [Consolidated Fund of India, excludes, Contingency Fund of India]
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A.
Consolidated Fund of India
The Consolidated Fund of India is the chief government account into which all revenues received, loans raised, and money received in repayment of loans by the Union Government are credited and from which most public expenditure is made.
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B.
Union Budget of India
The Union Budget of India is the central government's annual financial statement that outlines its revenue, expenditure, and economic policy priorities for the upcoming fiscal year.
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C.
National Revenue Fund
The National Revenue Fund is South Africa’s central public account into which all national government revenue is paid and from which parliamentary-approved expenditures are drawn.
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D.
Reserve Bank of India
The Reserve Bank of India is the country’s central banking institution, responsible for issuing currency, regulating the financial system, and formulating and implementing monetary policy in India.
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E.
Contingent Reserve Arrangement
The Contingent Reserve Arrangement is a financial safety net established by BRICS countries to provide mutual support and liquidity during balance-of-payments and currency crises.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: Contingency Fund of India Target entity description: 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.
-
A.
Consolidated Fund of India
The Consolidated Fund of India is the chief government account into which all revenues received, loans raised, and money received in repayment of loans by the Union Government are credited and from which most public expenditure is made.
-
B.
Union Budget of India
The Union Budget of India is the central government's annual financial statement that outlines its revenue, expenditure, and economic policy priorities for the upcoming fiscal year.
-
C.
National Revenue Fund
The National Revenue Fund is South Africa’s central public account into which all national government revenue is paid and from which parliamentary-approved expenditures are drawn.
-
D.
Reserve Bank of India
The Reserve Bank of India is the country’s central banking institution, responsible for issuing currency, regulating the financial system, and formulating and implementing monetary policy in India.
-
E.
Contingent Reserve Arrangement
The Contingent Reserve Arrangement is a financial safety net established by BRICS countries to provide mutual support and liquidity during balance-of-payments and currency crises.
- F. None of above. chosen
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf |
government contingency fund
ⓘ
public finance instrument ⓘ |
| administeredBy | Government of India NERFINISHED ⓘ |
| amendableBy | Parliament of India NERFINISHED ⓘ |
| beneficiary | Union Government of India NERFINISHED ⓘ |
| characteristic |
not used for routine government expenditure
ⓘ
used only for urgent and unforeseen needs ⓘ |
| constitutionalCategory | Union contingency fund NERFINISHED ⓘ |
| constitutionalStatus | established under the Constitution of India ⓘ |
| controlledBy | President of India NERFINISHED ⓘ |
| corpusEnhancedBy |
Finance Act, 2005
NERFINISHED
ⓘ
Finance Act, 2021 NERFINISHED ⓘ |
| corpusEnhancedTo |
Rs 30,000 crore
ⓘ
Rs 500 crore ⓘ |
| country | India ⓘ |
| disbursementAuthority | President of India NERFINISHED ⓘ |
| 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 NERFINISHED ⓘ |
| languageName_en | Contingency Fund of India NERFINISHED ⓘ |
| legalBasis | Article 267(1) of the Constitution of India ⓘ |
| levelOfGovernment | Union level ⓘ |
| managedBy | Ministry of Finance NERFINISHED ⓘ |
| nature | revolving fund ⓘ |
| operatedBy | Department of Economic Affairs NERFINISHED ⓘ |
| 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
NERFINISHED
ⓘ
Contingency Fund of a State NERFINISHED ⓘ Public Account of India NERFINISHED ⓘ |
| 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 NERFINISHED ⓘ |
| requires | subsequent inclusion of expenditure in an Appropriation Act ⓘ |
| requiresAuthorizationFrom | Parliament of India NERFINISHED ⓘ |
| scope | expenditure of the central government ⓘ |
| sector | public finance ⓘ |
| usedFor |
natural disasters
ⓘ
other urgent national emergencies ⓘ |
How these facts were elicited
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You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Subject: Contingency Fund of India Description of subject: 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.
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.