Contingency Fund hiked

Published on: 

Madhya Pradesh’s Contingency Fund has been increased from Rs200 crore to Rs500 crore. The amendment Bill passed by Vidhan Sabha in this regard has been ratified by the Governor. Amended Act has been notified in State Gazette Extraordinary dated January 27, 2015. Madhya Pradesh Contingency Fund was created with just Rs2 crore on November 1, 1956. It was increased from time to time as per requirement.

Daily Pioneer
dailypioneer.com