Purposes for which the Fund may be utilized.

The Fund shall not be expended except upon,–

1. (i) the relief of serious famine in the 1[State of Telangana]; and
2. (ii) the relief of distress caused by serious drought, flood or other natural calamities in the said State: Provided that when the Fund exceeds forty lakhs of rupees, the State Government may utilize the excess to meet expenditure on protective irrigation works and other works for the prevention of famine in the said State.