PM CARES Fund receives ₹912 cr as donation in FY23
Financial Express Pune|December 28, 2024
THE PRIME MINISTER'S Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) received ₹912 crore in contributions during FY23 as donations continued to pour in even after the Covid pandemic.
HARIKISHAN SHARMA

The PM CARES Funds received ₹909.64 crore as voluntary contributions and ₹2.57 crore as foreign contributions during FY23, the latest year for which audited accounts are available in the public domain.

In addition to donations of ₹912 crore, the Fund also received ₹170.38 crore as interest income, of which ₹154 crore came from interest on regular accounts and ₹16.07 crore from foreign contributions account. It also received about ₹225 crore in form of refunds from various sources including refund (₹202 crore) from procurement of 50,000 'Made in India' ventilators to government hospitals run by the Centre/States/UTs.

This story is from the December 28, 2024 edition of Financial Express Pune.

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This story is from the December 28, 2024 edition of Financial Express Pune.

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