SME Times News Bureau | 05 Mar, 2015
The union cabinet on Wednesday cleared some enabling
provisions to encourage participation of individuals and companies in the
Swachh Bharat Kosh (SBK), sources said.
They said the cabinet had cleared the provisions to enable people living in
India and abroad and companies give funds to SBK.
The SBK was set up in response to Prime Minister Narendra Modi's August 15
speech to achieve the objective of Clean India (Swachh Bharat) by the year
2019, the 150th year of the birth anniversary of Mahatma Gandhi through the
Swachh Bharat Mission.
The sources said the funds will be largely used for construction of toilets and
contributions can be made to the fund under the corporate social responsibility
provisions.
The sources said contributions will get tax exemption.
