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ew Delhi: Indians across sections — ordinary individuals, celebrities, government officials, private sector professionals and conglomerates — seem to be loosening their purse strings like never before in the fight against the coronavirus pandemic.
Barely a week after Prime Minister Narendra Modi announced setting up of the PM CARES (Prime Minister’s Citizen Assistance & Relief in Emergency Situations) Fund on 28 March, donations pledged to it have crossed over Rs 6,500 crore, ThePrint has learnt.
This is three times more than the combined public donation of Rs 2,119 crore received in the Prime Minister’s National Relief Fund (PMNRF) between 2014-15 and 2018-19, a perusal of the fund’s receipts and payment accounts show. The total expenditure from PMNRF during this period was Rs 1,594.87 crore.
The overall corpus of PMNRF, since it was established in 1948, stands at Rs 3,800 crore.
The PMNRF is used to provide immediate relief to families of those killed in natural calamities like floods, cyclones, earthquakes, victims of major accidents and riots. PM CARES, on the other hand, is a dedicated national fund to deal with any kind of emergency or distress situation, like the Covid-19 outbreak.
While some of the bigger donations to PM CARES have come from India Inc. and government organisations, including Rs 1,500 crore by the Tata Group, Rs 1,000 crore by the Azim Premji Foundation, Rs 500 crore collectively by the Army, Navy and Air Force, defence PSUs and employees of defence ministry, there have also been innumerable smaller contributions by individuals too.
The minimum donation one can make in PMNRF is Rs 100 while PM CARES accepts micro donations as low as Rs 10. Both PMNRF and PM CARES are charitable public trust and can also accept foreign donations.
https://theprint.in/india/pm-cares-...mes-more-than-what-pmnrf-got-in-2-yrs/395172/
Barely a week after Prime Minister Narendra Modi announced setting up of the PM CARES (Prime Minister’s Citizen Assistance & Relief in Emergency Situations) Fund on 28 March, donations pledged to it have crossed over Rs 6,500 crore, ThePrint has learnt.
This is three times more than the combined public donation of Rs 2,119 crore received in the Prime Minister’s National Relief Fund (PMNRF) between 2014-15 and 2018-19, a perusal of the fund’s receipts and payment accounts show. The total expenditure from PMNRF during this period was Rs 1,594.87 crore.
The overall corpus of PMNRF, since it was established in 1948, stands at Rs 3,800 crore.
The PMNRF is used to provide immediate relief to families of those killed in natural calamities like floods, cyclones, earthquakes, victims of major accidents and riots. PM CARES, on the other hand, is a dedicated national fund to deal with any kind of emergency or distress situation, like the Covid-19 outbreak.
While some of the bigger donations to PM CARES have come from India Inc. and government organisations, including Rs 1,500 crore by the Tata Group, Rs 1,000 crore by the Azim Premji Foundation, Rs 500 crore collectively by the Army, Navy and Air Force, defence PSUs and employees of defence ministry, there have also been innumerable smaller contributions by individuals too.
The minimum donation one can make in PMNRF is Rs 100 while PM CARES accepts micro donations as low as Rs 10. Both PMNRF and PM CARES are charitable public trust and can also accept foreign donations.
https://theprint.in/india/pm-cares-...mes-more-than-what-pmnrf-got-in-2-yrs/395172/