PM Cares Fund – Artifex.News https://artifex.news Stay Connected. Stay Informed. Tue, 18 Aug 2026 21:34:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.3 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png PM Cares Fund – Artifex.News https://artifex.news 32 32 Why is PM CARES Fund keeping large sums idle, asks RTI activist https://artifex.news/article71360330-ecerand29/ Tue, 18 Aug 2026 21:34:00 +0000 https://artifex.news/article71360330-ecerand29/ Read More “Why is PM CARES Fund keeping large sums idle, asks RTI activist” »

]]>

The PM CARES Fund received a total of ₹1,279.9 crore in FY 2024-25, but it spent only ₹87.85 lakh, according to audited financial statements.
| Photo Credit: pmcares.gov.in

The PM CARES (Prime Minister’s Citizen Assistance and Relief in Emergency Situations) Fund received donations of ₹480 crore in 2024-25, down about 30% over the previous year, according to audited financial statements for 2023-24 and 2024-25 made available on Tuesday (August 18, 2026). Its total income, however, grew to ₹1,279.9 crore, up 41% over the previous year. The documents were released after a failure to upload annual disclosures since FY 2022-23.

The Hindu had highlighted the lapse on August 8. 

The PM CARES Fund, a public charitable trust established in March 2020 to support relief efforts during public health emergencies and other disasters, is chaired by the Prime Minister and funded entirely through voluntary contributions, according to information released by the Union government.

chart visualization

Limited spending

Reacting to the belated disclosure, Anjali Bhardwaj, co-convenor of the National Campaign for People’s Right to Information (NCPRI), said in a social media post: “Finally the audit statement of PMCARES Fund for 2024-25 has been made public! Key highlights — utilised only 0.01% of available ₹8,452 crore!”.

Ms. Bhardwaj was referring to the fact that, while the fund received a total of ₹1,279.9 crore in FY 2024-25 from net donations, interest on bank and fixed deposits, and refunds from implementing agencies, it spent only ₹87.85 lakh, which is 0.01% of the fund’s closing balance.

From March 2020 to March 31, 2025, the fund has spent less than one-fifth (18.4%) of its total income.

Opaque filings

The closing balance of PM CARES Fund stood at ₹8,452.06 crore in FY 2024-25, 17.8% higher than at the end of the previous year.

“Why is the PM CARES Fund keeping such large sums of money idle,” Ms. Bhardwaj asked. She also noted that while ₹324 crore had been refunded by implementing agencies in 2024-25, no information was provided on the nature of these payments, reasons for the refunds, or the identity of the agencies involved.

“Were refunds done to evade accountability for faulty equipment,” she said. “Also why have accompanying notes to the audit report not been uploaded?” 

Lack of accountability

Ms. Bhardwaj said a fund set up to help citizens during disasters, which has accumulated thousands of crores including from foreign sources, is “shrouded in secrecy”.

“Still no information available on sources of funds,” she said. “The PM CARES Fund continues to evade public scrutiny by refusing to submit itself to the RTI Act”.

The PM CARES Fund, established three days before the close of the FY 2019-20, has faced scrutiny over its transparency, following the absence of public audit statements after FY 2022-23. Critics have questioned why a fund — which accepts public money, including Corporate Social Responsibility (CSR) contributions from public sector undertakings and donations from government employees — is made to seem like a public authority.

The Prime Minister chairs the fund in his ex officio capacity and Union Cabinet Ministers are its trustees.

“However, when information regarding the funds collected and spent was sought, the government maintained that the trust is not a public authority under the RTI Act,” Ms. Bhardwaj told The Hindu. “The Ministry of Corporate Affairs also retrospectively amended the relevant rules under the Companies Act. At present, PM CARES remains outside the ambit of the RTI Act, parliamentary scrutiny and audit by the Comptroller and Auditor General (CAG).”



Source link

]]>
PM-CARES Fund Secrets Will Be Exposed After INDIA Bloc Wins: MK Stalin https://artifex.news/pm-cares-fund-secrets-will-be-exposed-after-india-bloc-wins-mk-stalin-5291339rand29/ Fri, 22 Mar 2024 14:30:27 +0000 https://artifex.news/pm-cares-fund-secrets-will-be-exposed-after-india-bloc-wins-mk-stalin-5291339rand29/ Read More “PM-CARES Fund Secrets Will Be Exposed After INDIA Bloc Wins: MK Stalin” »

]]>

MK Stalin said irregularities of Rs 7 lakh crore outlined in a report in Centre’s initiatives (File)

Tiruchirappalli:

Tamil Nadu Chief Minister MK Stalin on Friday said “secrets” of PM-CARES Fund will be exposed after the INDIA bloc comes to power at the Centre.

Launching his Lok Sabha election campaign in Tiruchirappalli, MK Stalin, seeking votes for DMK candidates and allies, said the BJP’s fear of defeat in polls was the only reason for Arvind Kejriwal’s arrest. PM Modi has lost sleep as the tenure of his regime is set to end and his “fear of defeat” is reflected in his eyes and face, Mr Stalin claimed.

Similar to th electoral bonds, “they (the BJP and the Centre) have collected in another way” and named it PM-CARES Fund. All secrets about the fund will be exposed in June after INDIA bloc comes to power, he said.

Alleging corruption, MK Stalin said irregularities to the tune of about Rs 7 lakh crore was outlined in a CAG report in initiatives, including the Ayushman Bharat.

MK Stalin said the central government, responsbile for taking appropriate action on that report, did not say anything about it. On schemes for the state, he asked: “Can PM Modi spell out one special scheme implemented for Tamil Nadu?”

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



Source link

]]>
What Supreme Court Told Centre On Extending COVID-19 Schemes To All Orphans https://artifex.news/what-supreme-court-told-centre-on-extending-covid-19-schemes-to-all-orphans-4395331rand29/ Sat, 16 Sep 2023 09:04:10 +0000 https://artifex.news/what-supreme-court-told-centre-on-extending-covid-19-schemes-to-all-orphans-4395331rand29/ Read More “What Supreme Court Told Centre On Extending COVID-19 Schemes To All Orphans” »

]]>

“You have rightly brought out a policy for orphans, whose parents died due to the COVID pandemic.”

New Delhi:

An orphan is an orphan, irrespective of how the death of his or her parents happened, the Supreme Court has said, asking the Centre if there are ways the benefits of schemes, including PM Cares fund, which were meant for children orphaned during the COVID-19 pandemic, can be extended to all orphans.

A bench of Chief Justice DY Chandrachud and Justices JB Pardiwala and Manoj Misra on Friday asked Additional Solicitor General Vikramjeet Banerjee, appearing for Centre, to seek instructions in the matter.

“You have rightly brought out a policy for orphans, whose parents died due to the COVID pandemic. An orphan is an orphan, irrespective of whether the parents died in an accident or illness. By bringing these schemes, you are attending to the condition and not the parentage.

“You seek an instruction on whether benefits of schemes including PM Cares fund meant for children orphaned during the COVID-19 pandemic can be extended to other orphaned children,” the bench told Mr Banerjee.

The ASG said he was recently given a brief to appear in the matter and would respond to the court’s query in four weeks’ time.

Petitioner Poulomi Pavini Shukla, who appeared in person, said that children orphaned during the pandemic were provided benefits under the Right to Education Act and similar benefits can be given to other orphan children on the court’s direction.

“Two states Delhi and Gujarat have been providing benefits of the Right to Education Act by issuing a simple government order under section 2(d) of the Right to Education Act and this can be done in other states also,” Ms Shukla told the bench.

Section 2(d) of the Right to Education Act, 2009, deals with a child belonging to a disadvantaged group — which means a child belonging to a Scheduled Caste, a Scheduled Tribe, a socially and educationally backward class, or such other group that has a disadvantage owing to social, cultural, economical, geographical, linguistic, gender or such other factor, as may be specified by the appropriate government, by notification.

The bench took note of the submission and asked the Centre to consider the expression “such other group” in section 2(d) of the RTE Act and consider extending the benefits to all orphans by issuing suitable directions.

Ms Shukla said that notice on her plea was issued in 2018, the year she filed the petition, but the Centre even after five years has yet to file its response.

“In 2018, I was studying law when I filed this petition. Five years have passed, I have written a book and am married now but still Centre has not filed its response,” she said.

Advocate Prashant Bhushan, also appearing in the matter, said orphan children should be extended the benefit of a 20 per cent quota for Economically Weaker Sections (EWS) as given to other children in school admissions.

The bench asked Mr Banerjee to seek instructions and file a detailed affidavit and also directed the states to file their responses on the aspect of section 2(d) of the Right to Education Act. 

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



Source link

]]>