National Cultural Fund
The National Cultural Fund (NCF) was established by the Ministry of Culture in 1996 as a Trust under the Charitable Endowments Act. 1890. NCF`s primary mandate is to establish and nurture Public Private Partnerships (PPP) in the field of heritage. NCF`s role is to catalyze relationships between private, public, government, non-government agencies, private institutions and foundations and mobilize resources for the restoration, conservation, protection and development of India`s rich, natural, tangible and intangible heritage. NCF provides donors with 100% tax benefit under section 80G (2) of the Income Tax Act and acknowledges the generous contributions of the donor. Presently, NCF already has such partnerships for the conservation of monuments with some Public Sector Undertakings like the NTPC, ONGC, SAIL, IOC, HUDCO, REC etc and also with Private sector companies.
Topics: Government Schemes India