Section 46 in The Disaster Management Act, 2005

Title: National Disaster Response Fund

Description: (1) The Central Government may, by notification in the Official Gazette, constitute a fund to be called the National Disaster Response Fund for meeting any threatening disaster situation or disaster and there shall be credited thereto— (a) an amount which the Central Government may, after due appropriation made by Parliament by law in this behalf provide; (b) any grants that may be made by any person or institution for the purpose of disaster management. (2) The National Disaster Response Fund shall be made available to the National Executive Committee to be applied towards meeting the expenses for emergency response, relief and rehabilitation in accordance with the guidelines laid down by the Central Government in consultation with the National Authority.

Title: National Disaster Mitigation Fund

Description: (1) The Central Government may, by notification in the Official Gazette, constitute a Fund to be called the National Disaster Mitigation Fund for projects exclusively for the purpose of mitigation and there shall be credited thereto such amount which the Central Government may, after due appropriation made by Parliament by law in this behalf, provide. (2) The National Disaster Mitigation Fund shall be applied by the National Authority.

Title: Establishment of funds by State Government

Description: (1) The State Government shall, immediately after notifications issued for constituting the State Authority and the District Authorities, establish for the purposes of this Act the following funds, namely:-- (a) the fund to be called the State Disaster Response Fund; (b) the fund to be called the District Disaster Response Fund; (c) the fund to be called the State Disaster Mitigation Fund; (d) the fund to be called the District Disaster Mitigation Fund. (2) The State Government shall ensure that the funds established— (i) under clause (a) of sub-section (1) is available to the State Executive Committee; (ii) under sub-clause (c) of sub-section (1) is available to the State Authority; (iii) under clauses (b) and (d) of sub-section (1) are available to the District Authority.

Title: Allocation of funds by Ministries and Departments

Description: (1) Every Ministry or Department of the Government of India shall make provisions, in its annual budget, for funds for the purposes of carrying out the activities and programmes set out in its disaster management plan. (2) The provisions of sub-section (1) shall, mutatis mutandis, apply to departments of the Government of the State.

Title: Emergency procurement and accounting

Description: Where by reason of any threatening disaster situation or disaster, the National Authority or the State Authority or the District Authority is satisfied that immediate procurement of provisions or materials or the immediate application of resources are necessary for rescue or relief,-- (a) it may authorise the concerned department or authority to make the emergency procurement and in such case, the standard procedure requiring inviting of tenders shall be deemed to be waived; (b) a certificate about utilisation of provisions or materials by the controlling officer authorised by the National Authority, State Authority or District Authority, as the case may be, shall be deemed to be a valid document or voucher for the purpose of accounting of emergency, procurement of such provisions or materials