PM Cares Fund received Rs 3,076 crore in donations in 5 days

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DY365
Published: September 2,2020 04:15 PM
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September 2, 2020: The PM-CARES fund for Covid received ₹3,076 crore rupees in five days, according to an audit statement made public by the government.

September 2, 2020: The PM-CARES fund for Covid received ₹3,076 crore rupees in five days, according to an audit statement made public by the government.



The statement, for the financial year 2020, only records donations between March 27 (when the fund was set up) and March 31.



According to the audit report made public on the PM Cares site, Rs 30,76,62,58,096 was the final balance of the bank account linked to the Prime Minister's Citizens Assistance and Relief in Emergency Situation (PM Cares Fund). However, the donations received after March is not known yet.





This comes amid severe criticism by the Opposition and multiple petitions in court seeking more transparency with the PM Cares Fund that was set up to battle Covid-19 and has PM Modi and a few top ministers of the government as its trustees.



The fund was set up with an initial corpus of Rs 2,25,000. Following the announcement of the PM Cares Fund, it was flooded with donations from celebrities, politicians, Members of Parliament, government officials and private donors across the country and abroad.





In May, Rs 3,000 crore was allocated from the PM Cares Fund to procure 'Made in India' ventilators for coronavirus care across the country.