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Monday 7 September 2020

Find out how much has been donated to the PM CARES Fund

Find out how much has been donated to the PM CARES Fund

Find out how much has been donated to the PM CARES Fund
Donations to the PM CARES Fund were frequently questioned. Opposition groups called for transparency in the PM’s fundraiser. Meanwhile, the government released an audit report. According to the report, the PM Care Fund received a donation of Rs 206 crore within five days of its launch


The PM Care Fund was launched on March 9, according to details released by the central government. In just five days, it had amassed a fund of Rs 308 crore from around the world.
On March 31, the PM CARS fund had accumulated Rs 307 crore in its bank account. Out of this, Rs 206.5 crore was received from the country, while Rs 2.5 lakh was received from abroad as donations.

The PM CARES Fund was started with a fund of Rs 2.5 lakh
According to the statement, PM Cares was started with a fund of Rs 2.5 lakh. So far Rs 3 lakh has been deposited as interest. The names of the donors, however, were not disclosed in the audit report released on PM Cares’ website. The government did not provide further details on domestic and foreign donors. This report was given as per the financial year 2020.

Finance Minister P. Chidambaram criticized the government
Former finance minister P Chidambaram had criticized the government on the issue. Chidambaram said it was mandatory for all other organizations to disclose the list of donors. When all the big and small organizations of the country disclose the details of donations, why the details of the donors of PM Care Fund have not been disclosed?

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