Ratan Tata has recently been declared a trustee of PM Cares Fund, so you all know about PM Cares Fund, if you do not know, then we will tell a few lines about it below.
In this article, we will tell you that apart from Ratan Tata, how many trustees are there in PM Care Funds and how many people are currently playing their role in different tasks? You will know further how much amount has been deposited as PM Care Fund and how much has been spent so far.
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Few Lines about PM care Fund
PM Cares Fund was created about 2 years ago from today. The purpose of the PM Cares Fund was to collect money for the diagnosis of the economic and health-related problems of the people in the situation of Covid-19. Although this fund is known as PM Care Fund but it is not the government.
Just like there is PM Cares Fund, there is also PM Relief Fund but PM Relief Fund is a government fund. PM Relief Fund has been running since the time of our first Prime Minister Pandit Jawaharlal Nehru. Both funds have different characteristics. Now let’s talk about the latest issue of today.
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10 Most Important Points Since Ratan Tata Became Trustee Of PM Cares Fund
1. When was PM Cares Fund Created?
PM Cares Fund was created on 23 March 2020, almost 2 years ago today.
2. How many trustees are there in PM Cares Fund till September 2022?
There is a total of 3 trustees (Chairman) in PM Care Funds.
3. What are the names of the three trustees of PM Cares Fund?
The trustees of PM Cares Fund are Mr. Ratan Tata, K. T. Thomas, and Kariya Munda.
4. Where is the headquarter of PM Cares Fund?
The Head Quarter of the PM Cares Fund is Prime Minister’s Office, South Block, New Delhi. That is, the PM Cares Fund is operated by the Prime Minister’s Office.
5. Who are the members of the PM Cares Fund?
There are 3 ministers in PM Cares Fund as members. Among which Amit Shah, who is our Home Minister of India at present, Nirmala Sitharaman, who is currently the Finance Minister of India, as well as the current Defense Minister of India Rajnath Singh are members of PM Cares Fund.
6. How much amount has been deposited as PM Cares Fund so far?
If we go by the data, more than Rs 10,000 crore has been deposited so far in the form of the PM Cares Fund.
7. How much amount has been spent from PM Cares Fund so far?
So far, about 3,970 crores of Rupees have been distributed in the form of PM Cares Fund for different aids. Out of which Rs 2000 crore was spent in 2020 to buy more than 50,000 ventilators and 1000 crore Rupees was spent for providing financial assistance to migrant laborers. With this, 100 crore Rupees were given to the corona vaccine development.
8. Who are in the Constitution of the advisory board of the Pm care Fund?
There are a total of 3 advisors on this board: Anand shah, former CEO of Indicorps and Piramal foundation also Co-founder of Teach for India; Sudha Murthy, former chairperson of Infosys foundation; Rajiv Mehrishi, former controller and auditor General of India.
9. Is there any relief in income tax for those who contribute to the Pm care Fund?
Yes, every donation to the Pm Care fund is free from income tax, under section 10(23)C.
10. What is the reason for appointing new trustees and advisors to Pm Care Fund?
The reason is all these trustees and advisors have vast experience in public life and the Indian economy. Hence, their experience in respective fields makes Pm Care Fund more responsive to all needy ones.