National Culture Fund

National Culture Fund 

Why in news: As per latest data released by the government, 34 projects have been successfully implemented under National Culture Fund Scheme till date, thus, promoting, protecting and preserving India’s cultural heritage.

About National Culture Fund:

National Culture Fund (NCF) was set up as a Trust under the Charitable Endowment Act, 1890 in November 1996 by the Government, with a view to mobilize extra resources through Public Private Partnerships.

• The National Culture Fund is managed and administered by a council headed by Hon’ble Culture Minister to decide the policies and an Executive Committee headed by Secretary, Culture to actualize those policies.
• The Fund aims at inviting the participation of the corporate sector, non-government organizations, private/public sector as well as individuals in the task of promoting, protecting and preserving India’s cultural heritage.
• All the projects undertaken by the NCF are completed within a specified period, in accordance with an MoU signed by NCF with the concerned donor organization.

Sources: pib.