SDMF

The State Disaster Mitigation Fund (SDMF) is a financial reserve established by state governments in India to support projects focused on disaster prevention and mitigation. The fund is used to implement measures that reduce the risk and impact of natural disasters, such as strengthening infrastructure, promoting early warning systems, and developing disaster-resistant technologies.

Interest Rate on SDRF and SDMF for 2023-2024

Governor is pleased to decide that the rate of Interest on State Disaster Response Fund (SDRF) and State Disaster Mitigation Fund (SDMF) will be 8.50% per annum for the financial year 2023-2024.

Interest Rate on SDRF and SDMF for 2022-2023

Governor is pleased to decide that the rate of Interest on State Disaster Response Fund (SDRF) and State Disaster Mitigation Fund (SDMF) will be 7.53% per annum for the financial year 2022-2023.