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

-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...

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Delhi HC to hear pleas over legal status of PM CARES Fund on January 31

-PTI/ The Hindu In July, the court had asked the Centre to file a ‘detailed and exhaustive’ reply on the petition by Samyak Gangwal seeking to declare the PM CARES Fund a ‘State’ The Delhi High Court on September 16 listed for hearing on January 31 pleas concerning the legal status of the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) under the Constitution and the Right...

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Wheat export ban, food security and public health -Harinder Happy And Shivam Mogha

-The New Indian Express Rice has never been a staple food of Punjab, and the irony is that the rice crop covers the largest fertile area in Punjab. The recent developments regarding the international trade of Indian wheat has sparked a debate about India’s export policies. Besides the economics of the export ban move and India’s foreign policy, the public health perspective should also influence decisions regarding  the trading and distribution of...

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One-third of Rs.10,990 crore in PM CARES Fund spent: ‘20-’21 audit -Priscilla Jebaraj

-The Hindu ₹3,976 crore spent during 2020-21; ₹100 cr promised for vaccine development not allotted The PM CARES Fund collected ₹10,990 crore since its inception in March 2020 until March 2021. It spent ₹3,976 crore during the 2020-21 financial year, according to the audited financial statement posted on its website. As on March 31, 2021, the Fund had an unspent balance of ₹7,044 crore. The Fund was set up to deal with “any...

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PM CARES Collected Rs.10,990 Crore Till March 2021, Spent ₹ 3,976 Crore -Arvind Gunasekar

-NDTV.com Billed as a "dedicated fund with the primary objective of dealing with any kind of emergency...", PM CARES spent ₹ 3,976 crore in the first year of its operation New Delhi: 64 per cent of the Rs.10,990 crore collected by the PM CARES Fund between March 27, 2020, and March 31, 2021, remained unused as of the latter date, according to data accessed by NDTV. As of March 2021, the PM CARES...

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