What does NLWF mean in FUNDS
The National Level Welfare Fund (NLWF) is an initiative introduced by the Government of India to support people in times of crisis and promote the social welfare of citizens. It is a central fund that facilitates financial assistance to states and union territories for relief measures during disasters.
NLWF meaning in Funds in Business
NLWF mostly used in an acronym Funds in Category Business that means National Level Welfare Fund
Shorthand: NLWF,
Full Form: National Level Welfare Fund
For more information of "National Level Welfare Fund", see the section below.
Essential Questions and Answers on National Level Welfare Fund in "BUSINESS»FUNDS"
What is the National Level Welfare Fund?
The National Level Welfare Fund (NLWF) is an initiative introduced by the Government of India to support people in times of crisis and promote the social welfare of citizens. It is a central fund that facilitates financial assistance to states and union territories for relief measures during disasters.
Who can access this fund?
All states and union territories are eligible to access the NLWF, subject to them meeting certain criteria such as having a clear plan on how they will utilize the funds provided.
How can state officials access this fund?
State governments are required to submit proposals detailing their usage plan for funds allocated through NLWF, which shall be further reviewed by concerned government agencies before any funds are released.
How much money has been allocated under this scheme?
The total amount allocated under the NLWF in 2019-20 was Rs 50 crores. In 2020-21, it was increased to Rs 100 crores.
What kind of relief measures does NLWF provide?
The NLWF provides financial assistance for relief measures undertaken by states during disasters such as floods, cyclones, earthquakes, etc. Funds are also used for other disaster management-related initiatives like awareness campaigns and capacity building activities.
Final Words:
Through its various initiatives such as National Level Welfare Fund (NLWF), the Government of India strives to provide financial assistance and other resources whenever needed in order to promote social welfare amongst its citizens. This fund has already facilitated various relief operations across various states and union territories so far, making it an invaluable resource during times of crisis or disasters.
NLWF also stands for: |
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| All stands for NLWF |