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LATEST NEWS UPDATES | Ratan Tata and Justice K.T. Thomas appointed as trustees for PM Cares Fund

Ratan Tata and Justice K.T. Thomas appointed as trustees for PM Cares Fund

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published Published on Sep 22, 2022   modified Modified on Sep 22, 2022

-The Telegraph

The ambit of the corpus created to fight public health emergencies widened but its veil stays intact

The veil on the PM Cares Fund — the corpus created to battle the Covid-19 crisis without the tiresome need for any audit scrutiny — remained firmly in place even as its newly-appointed trustees decided on Wednesday to widen the scope of its operations.

Prime Minister Narendra Modi chaired a virtual meeting of the Fund’s trustees where it was decided to widen the ambit of the Fund created to fight public health emergencies to include capacity building and mitigation measures but failed to double down on the specifics.

The Fund, which is built entirely out of public donations and isn’t subject to scrutiny by the Comptroller and Auditor General (CAG), was sucked into a controversy when it was created two years ago during the outbreak of Covid-19.

Political rivals and critics of the Modi government had questioned how the funds had been used when masses of migrant workers braved severe adversities as they trudged across the country to reach their homes in some of the remotest parts of the country — and prepared to face a dark and uncertain future.

Two years on, there is still no clarity on how much was actually raised and how the money was spent. In the absence of a compulsory audit, there is scarcely any chance that the nation will ever know.

The meeting was attended by the newly-appointed trustees: Ratan Tata (84 years old), Justice K.T. Thomas (85) and former deputy Lok Sabha speaker Kariya Munda (86). Home minister Amit Shah and finance minister Nirmala Sitharaman were also present as trustees.

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The Telegraph, 22 September, 2022, https://www.telegraphindia.com/business/ratan-tata-and-justice-k-t-thomas-appointed-as-trustees-for-pm-cares-fund/cid/1888016


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