- Established by MEA in the 43 Indian Missions across the world in countries that have a significant overseas Indian population.
- Overseas Indian workers duped by unscrupulous intermediaries in the host countries, runaway house maids, those who become victim of accidents, deserted spouses of overseas Indians or undocumented overseas Indian workers in need of emergency assistance or any other overseas Indian citizens who are in distress would be the main beneficiaries of the Fund.
- The Fund will also be utilized to meet the expenditure for airlifting the mortal remains of overseas Indian citizens to India on a means tested basis, on the recommendation of respective Heads of Missions.
- The ICWF would be funded through budgetary support from the Ministry, funds raised by the Indian Missions by levying a nominal service charge on consular services and through Voluntary contributions from the Indian community.