Ratan Tata nominated as trustee of PM Cares Fund

Ratan Tata nominated as trustee of PM Cares Fund

During the meeting, Ratan Tata, Chairman Emeritus, Tata Sons; Justice KT Thomas, former SC judge, and Kariya Munda, former Deputy speaker appointed as the newly nominated trustees of the PM CARES Fund.

As per the PMO, the Trust further decided to nominate other eminent persons for the constitution of Advisory Board to the PM CARES Fund. These eminent personalities included: Rajiv Mehrishi, Former Comptroller and Auditor General of India; Sudha Murthy, Former Chairperson, Infosys Foundation, and Anand Shah, Co-founder of Teach for India and Former CEO of Indicorps and Piramal Foundation.

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 was set up as a public charitable trust “keeping in mind the need for having a dedicated national fund with the primary objective of dealing with any kind of emergency or distress situation, like posed by the Covid-19 pandemic, and to provide relief to the affected”.

The PM CARES FUND had generated a lot of interest immediately after Prime Minister Modi announced its formation after the Covid-19 outbreak and appealed for donations, prompting several private firms, government bodies and individuals, including celebrities to donate money.

आज़ होगा Raju Srivastava का अंतिम संस्कार, दिल्ली स्थित घर से 9 बजे निकलेगी शव यात्रा

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