Disaster Management Act, 2005
48. Establishment of funds by State Government.-
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.