{"id":18390,"date":"2025-10-27T06:20:10","date_gmt":"2025-10-27T00:50:10","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=18390"},"modified":"2025-10-29T10:53:48","modified_gmt":"2025-10-29T05:23:48","slug":"ncf","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/ncf\/","title":{"rendered":"National Culture Fund"},"content":{"rendered":"<h2><strong>About National Culture Fund:<\/strong><\/h2>\n<ul>\n<li>It was set up as a Trust on 28th November, 1996 under the <strong>Charitable Endowment Act, 1890 <\/strong>with a view to mobilize extra resources through Public Private Partnerships (PPP) towards promoting, protecting and preserving India\u2019s tangible &amp; intangible cultural heritage.<\/li>\n<li><strong>Objectives of NCF<\/strong>\n<ul>\n<li>To administer and apply the Fund for conservation, maintenance, promotion, protection, preservation and up-gradation of monuments protected or otherwise;<\/li>\n<li>To impart training and facilitate development of a cadre of specialists and cultural administrators<\/li>\n<li>To facilitate in providing additional space in existing museums &amp; construct new museums to accommodate or create new &amp; special galleries.<\/li>\n<li>Documentation of cultural expressions and forms that have lost their relevance in contemporary scenario and are either fading out or facing extinction.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Features<\/strong>\n<ul>\n<li>It is managed and <strong>administered through<\/strong> a <strong>Governing Council<\/strong> chaired by the Hon\u2019ble Minister of Culture and has a maximum strength of 25 members to decide the policies.<\/li>\n<li>An Executive Committee headed by Secretary (Culture) and has a maximum strength of 11 Members, to execute those policies.<\/li>\n<li>Donations to the National Culture Fund are eligible for <strong>100% tax benefit<\/strong> under Section 80G (ii) of the <strong>Income Tax Act, 1961.<\/strong><\/li>\n<li>NCF\u2019s activities are covered under Schedule VII No. (v) of the Companies Act, 2013 as valid receptacle of <a href=\"https:\/\/vajiramandravi.com\/current-affairs\/corporate-social-responsibility-csr\/\" target=\"_blank\">Corporate Social Responsibility (CSR)<\/a> contribution under: &#8211; Protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional arts and handicrafts.\u201d<\/li>\n<li>Annual Accounts are audited by the Comptroller and Auditor General of India.<\/li>\n<\/ul>\n<\/li>\n<li>NCF can receive <strong>donations from Corporates, PSUs, Trusts and Individuals<\/strong> for maintenance and preservation of Centrally Protected monuments\/ cultural projects through NCF. All donors\/sponsors have the responsibility to comply with the terms &amp; conditions of the MoU agreed for any particular project.<\/li>\n<\/ul>\n<hr \/>\n<h3>Q1: What is Intangible cultural heritage?<\/h3>\n<p>Intangible cultural heritage means the practices, representations, expressions, knowledge, skills \u2013 as well as the instruments, objects, artefacts and cultural spaces associated with them that communities, groups and, in some cases, individuals recognize as a part of their cultural heritage.<\/p>\n<p><strong>Source: <\/strong><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=2038496\" target=\"_blank\" rel=\"nofollow noopener\">NATIONAL CULTURE FUND<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Culture Fund was  set up as a Trust on 28th November, 1996 under the Charitable Endowment Act, 1890 with a view to mobilize extra resources through Public Private Partnerships (PPP) towards promoting, protecting and preserving India\u2019s tangible &#038; intangible cultural heritage.<\/p>\n","protected":false},"author":5,"featured_media":18391,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-18390","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/18390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=18390"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/18390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/18391"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=18390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=18390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=18390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}