-The Hindu Lok Sabha passes taxation Bill; Congress, Trinamool MPs say it is meant only to clear the fund. The Lok Sabha cleared the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020, here on Saturday, despite strong criticism from the Opposition which said the Bill was aimed at giving an “all clear to the PM CARES Fund”. Finance Minister Nirmala Sitharaman said the Bill will replace an ordinance brought...
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PM CARES Fund gets FCRA exemption without meeting pre-condition of CAG audit -Priscilla Jebaraj
-The Hindu Need to seek consent from PM CARES before giving info on FCRA exemption: MHA response to RTI The PM CARES Fund has received exemption from all provisions of the law meant to regulate foreign donations, although it does not seem to meet the pre-condition of being a body established and owned by the government whose accounts are audited by the Comptroller and Auditor General of India (CAG). Responding to a recent...
More »RTI reveals huge gap in pricing of ventilators bought under PM CARES: Report
-Moneycontrol.com The RTI response shows that at least two companies — Jyoti CNV Automation and AMTZ Basic — to whom an advance was released, were later not recommended by the technical committee constituted under the DGHS There is a vast difference in the prices of ventilators bought under PM CARES Fund, and the two of the companies to whom an advance was released were later not recommended by the technical committee constituted...
More »Ventilators from firms funded by PM CARES fail trials -Priscilla Jebaraj
-The Hindu 2 companies that got ₹22 cr. advance in May later dropped from Ministry list. Two firms given purchase orders for indigenously manufactured ventilators for COVID-19 treatment funded by PM-CARES have failed a clinical evaluation by the Health Ministry’s technical committee, according to information accessed through the Right to Information (RTI) Act. The firms — Jyoti CNC Automation and Andhra Pradesh MedTech Zone (AMTZ) — had already received ₹22.5 crore in advance...
More »PM CARES Fund collected over ₹3,000 crore in 2019-20 -Priscilla Jebaraj
-The Hindu During the same period, an amount of ₹39.68 lakh was collected in foreign currency, according to information now available on the Fund’s website The PM CARES Fund collected more than ₹3,076 crore in the first five days after it was set up, according to information now available on the Fund’s website. “During 2019-20, an amount of ₹3,076.62 crore was collected under PM CARES Fund,” says the response to a query on...
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