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The PM CARES Fund, set up to deal with emergencies such as the Covid pandemic, saw its corpus grow nearly three-fold to Rs 10,990 crore in the 2020-21 fiscal, while the disbursal rose to Rs 3,976 crore, according to the latest audited statement. The disbursal included Rs 1,000 crore for migrant welfare and over Rs 1,392 crore for procurement of Covid vaccine doses. The fund recorded nearly Rs 494.91 crore as foreign contributions and over Rs 7,183 crore as voluntary contributions during the fiscal.The overall contributions to the fund received in 2019-20 was Rs 3,076.62 crore which was collected in just five days of its formation on March 27, 2020, with an initial corpus of Rs 2.25 lakh.
Editor In Chief : Dr Dhimant Purohit
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