PM CARES Fund Subject: Polity Section: Constitution Context: PM CARES Fund cannot contract out of the Constitution, Delhi HC Background: In 2021, the Delhi High Court was informed that the PM CARES Fund is not a Government of India fund and that the amount collected by it does not go to the Consolidated Fund of India. […]
PM CARES FUND TOPIC: Polity Context- The PM CARES Fund collected ₹10,990 crore since its inception in March 2020 until March 2021 and spent ₹3,976 crore during the 2020-21 financial year, according to the audited financial statement. Concept- About the Fund: The Fund is a public charitable trust with the Prime Minister as its […]
PM CARES FUND Subject: Governance Context: Prime Minister Narendra Modi has ordered setting up of 551 oxygen plants inside government hospitals across the country. PM CARES Fund will provide financial aid in setting up these plants. Concept: Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund, or the PM CARES Fund, was […]