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Opposition groups called for transparency in the PM's fund. 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.
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The PM Care Fund was launched on March 8, 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 Care Fund's bank account had accumulated Rs 206 crore.
The PM CARES Fund was started with a fund of Rs 2.5 lakh
So far Rs 3 lakh has been deposited as interest. This report was given for the financial year 2020.
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PM CARES Fund
Finance Minister P. Chidambaram criticized the government
Former finance minister P Chidambaram had criticized the government on the issue. While all the institutions of the country, big and small, disclose the details of donations, why the details of the donors of PM Care Fund have not been disclosed?
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PM CARES Fund
It was established as a public charitable trust. The aim was to reach out to the needy by getting financial help during an epidemic like the Corona.
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