PM CARES Fund: Financial Position and Transparency Debate
1 September 2026
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PM CARES Fund: Financial Position and Transparency Debate
Context
The Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) has again come into focus following publication of its audited accounts for FY 2024–25. The fund was created on 27 March 2020, during the COVID-19 pandemic, to provide relief during emergencies, disasters and public-health crises. It is structured as a public charitable trust and is funded through voluntary contributions rather than budgetary support.
Structure and Purpose
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Explore PM CARES Fund's financial position with ₹8,452 crore balance, transparency issues, and debate over RTI Act compliance and institutional accountability.
Keywords
PM CARES Fundtransparency debatefinancial positioncharitable trustemergency reliefRTI ActCAG auditpublic accountabilityfixed depositsdisaster preparedness