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Friday, Oct 14, 2005


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Disaster funds

The Government should start a disaster fund to repair the damage caused by quakes, hurricanes and other such natural calamities.

All contributions to this fund should be given 100 per cent income-tax exemption.

The RBI can also issue special bonds with tax concessions to raise funds to meet the relief and aid for such disasters.

C. K. Aggarwal

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Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

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