29 March, 2020
4 Min Read
Part of: GS Prelims and GS-II- Governance
Newly instituted PM-CARES Fund.
Contribution to PM - CARES Fund will Qualify as CSR Expenditure
20 April, 2020
3 Min Read
PM - CARES Fund
The government has set up the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES Fund) to deal with any kind of emergency or distress situation like posed by the COVID-19 pandemic. This Fund has been set up owing to a number of requests made by the people to support the government in the wake of the COVID-19 emergency.
About the Fund
Contribution to PM - CARES Fund will Qualify as CSR Expenditur
Prime Minister’s National Relief Fund (PMNRF)
This fund was instituted in 1948 by then Prime Minister Jawaharlal Nehru, to assist displaced persons from Pakistan. The fund is currently used primarily to tackle natural calamities like floods, cyclones and earthquakes. The fund is also used to help with medical treatment like kidney transplantation, cancer treatment and acid attack.
Copyright© Aspire IAS Academy. All rights reserved. Powered by CLT Technologies & Edu-Publishers Private Limited.