{"id":305941,"date":"2024-07-30T18:44:03","date_gmt":"2024-07-30T13:14:03","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=305941"},"modified":"2024-07-30T18:44:03","modified_gmt":"2024-07-30T13:14:03","slug":"national-culture-fund","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/national-culture-fund\/","title":{"rendered":"National Culture Fund"},"content":{"rendered":"<p>Source- This post on the <strong>National Culture Fund<\/strong> has been created based on the article \u201c<a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=2038496\" target=\"_blank\" rel=\"noopener\">NATIONAL CULTURE FUND<\/a>\u201d published in \u201cPIB\u201d on 30 July 2024.<\/p>\n<div class=\"content user-select-text\" role=\"heading\" aria-label=\"Sent by Copilot: The **Global Conclave on Plastic Recycling and Sustainability (GCPRS)** is currently underway at the **Bharat Mandapam, Pragati Maidan** in Delhi. This four-day event brings together experts from India and abroad to address pressing concerns related to plastic waste management, recycling, and sustainability. The conference aims to promote circularity and discuss innovative solutions for a more sustainable future. Notable attendees include Secretary of the Union Ministry of Chemicals and Fertilizers, **Smt. Nivedita Shukla Verma**, and Joint Secretary of the Union Ministry of Micro, Small and Medium Enterprises, **Smt. Mercy Epao**[^1^] [^3^]. Topics covered include advances in biodegradable plastics, circular economy principles in waste management, and policy frameworks affecting plastics use and recycling[^2^]. Let me know if you need more information! \ud83d\ude0a\">\n<div class=\"ac-container ac-adaptiveCard has-image\">\n<div class=\"ac-textBlock\">\n<h2>Why in the news?<\/h2>\n<\/div>\n<\/div>\n<\/div>\n<p>The Union Minister for Culture, Tourism, and Development recently informed the Lok Sabha that the National Culture Fund (NCF) has received \u20b93.70 crore from non-government sources over the past five years.<\/p>\n<h2>About the National Culture Fund<\/h2>\n<p>1. The National Culture Fund was established by the Government of India as a Trust under the Charitable Endowment Act of 1890 and was officially set up through a Gazette Notification in 1996.<\/p>\n<p>2. It was created to provide a new funding mechanism for the arts and culture in India, distinct from traditional funding sources. This allows institutions and individuals to directly support arts and culture projects in partnership with the government.<\/p>\n<p>3. The primary aim of the NCF is to mobilize additional resources through Public-Private Partnerships (PPP) to promote, protect, and preserve India\u2019s cultural heritage, both tangible (physical artifacts) and intangible (cultural practices and traditions).<\/p>\n<p>4. Donations made to the National Culture Fund are eligible for tax benefits under the Income Tax Act.<\/p>\n<p><strong>5. Management and Administration:<\/strong><\/p>\n<p>i) The NCF is managed by a Council and an Executive Committee to implement its policies.<\/p>\n<p>ii)\u00a0 The Council is chaired by the Union Minister of Culture and includes up to 24 members, including the Chairperson and Member Secretary.<\/p>\n<p>iii) This Council has representatives from the corporate sector, public sector, private foundations, and non-profit organizations to ensure diverse input in decision-making.<\/p>\n<p>iv)\u00a0 The Executive Committee, chaired by the Secretary of the Ministry of Culture, oversees the administration of the NCF.<\/p>\n<p><strong>UPSC Syllabus: Polity &amp; Governance<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source- This post on the National Culture Fund has been created based on the article \u201cNATIONAL CULTURE FUND\u201d published in \u201cPIB\u201d on 30 July 2024. Why in the news? The Union Minister for Culture, Tourism, and Development recently informed the Lok Sabha that the National Culture Fund (NCF) has received \u20b93.70 crore from non-government sources&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/national-culture-fund\/\">Continue reading <span class=\"screen-reader-text\">National Culture Fund<\/span><\/a><\/p>\n","protected":false},"author":10366,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,1760],"tags":[11872,3590],"class_list":["post-305941","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-polity-and-nation","tag-9pm-daily-factly","tag-pib","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/305941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10366"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=305941"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/305941\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=305941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=305941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=305941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}