‘PM CARES? Hardly’: Congress jabs govt for utilising only 0.01% of relief fund
Why This Matters
Key context: Domestic donations to the PM CARES Fund fell by 30 per cent to nearly Rs 479 crore in the financial year 2024-25, while foreign donations declined by 18 per cent to Rs 92.8 lakh, according to the fund's latest audit report. The total balance in the PM CARES Fund stood at Rs 8,452 crore as on March 31, 2025, compared with Rs 7,173 crore a year earlier. This development from timesofindia.indiatimes.com highlights ongoing changes in the sector.
Domestic donations to the PM CARES Fund fell by 30 per cent to nearly Rs 479 crore in the financial year 2024-25, while foreign donations declined by 18 per cent to Rs 92.8 lakh, according to the fund's latest audit report. The total balance in the PM CARES Fund stood at Rs 8,452 crore as on March 31, 2025, compared with Rs 7,173 crore a year earlier.
Curation & Context
This page summarizes a public news report from timesofindia.indiatimes.com. Global News Hub provides the "Why This Matters" takeaway using editorial insights and AI curation to give readers rapid, high-value context before they click through to read the full article.