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Nirbhaya Fund Gets Rs 1,000 Crore Boost

Union Finance Minister P Chidambaram on Monday allocated an additional  Rs 1,000 crore to the Nirbhaya Fund to Enhance the Safety and Security of Women.

Published: 18th February 2014 06:00 AM  |   Last Updated: 18th February 2014 01:07 AM   |  A+A-

Union Finance Minister P Chidambaram on Monday allocated an additional  Rs 1,000 crore to the Nirbhaya Fund to Enhance the Safety and Security of Women.

Chidambaram also made it clear that earlier allocation of Rs 1,000 crore in 2013 will not lapse and it will continue to support proposals cleared by the Union Cabinet.

“So far, we have approved two proposals that will receive support. In order to make it clear that the fund will be a permanent, I intend to declare the grant of Rs 1,000 crore as non-lapsable and in order to support more proposals, I propose to contribute another Rs 1,000 crore next year,” he said.

The government had set up Nirbhaya Fund with a corpus of Rs 1,000 crore in 2013 as a tribute to the December 16, 2012 Delhi gangrape victim.

“Last year, I had three promises and I had asked members to keep before them the faces of the girl child, the young student and the poor. To ensure the dignity and safety of women, I promised Nirbhaya Fund and put Rs 1,000 crore into the fund,” he added.

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