What does the Indian Contingency Fund mean to you? Describe. [Answer Limit: 20 words] [UKPSC 2016]
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Contingency Fund of India Overview
The Contingency Fund is a fund established by the President for urgent expenditures without parliamentary approval.
Recent Examples
In 2023, the fund was utilized for disaster relief efforts in response to floods in Uttarakhand, showcasing its importance in crisis management.