CLEAN GANGA FUND (CGF)

Aug. 9, 2018

NMCG and State Bank of India (SBI) are planning to allow people to contribute to Clean Ganga Fund (CGF) from ATMs so as to make it easier for people to participate in ‘Namami Gange’ programme.

About:

  • Origin: It was setup in 2014.

  • Objective: Contribute to the cleanliness of the river Ganga with the voluntary financial contributions.

  • Funding:
    • It is funded with voluntary contributions from residents of the country and Non-Resident Indian (NRIs) / Person of Indian Origin (PIO) and others.

    • Domestic donors are eligible for tax benefits as in the case of ‘Swachch Bharat Kosh’; Foreign donors can get tax exemptions in domestic law, wherever permissible.



  • Activities financed from the Fund: Activities outlined under the ‘Namami Gange’ programme and any other activity as approved by the Trust.

  • Administration:
    • It is managed through a bank account by a Trust headed by Finance Minister.

    • The secretariat of the Trust is set up in Ministry of Water Resources under the Mission Director, Clean Ganga.



  • Present status of Funding: As of January 2018, ₹220 crores was donated to the CGF. Of this –
    • Private companies contributed around ₹20 crores and the public sector,

    • Central public sector and Government Departments contributed about ₹177 crores and

    • Rest is from individual donations.



Source : The Hindu

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