PM CARES FUND

now-congress-takes-on-bjp-on-pm-cares-fund

Now Congress takes on BJP on PM CARES Fund

After being cornered on getting funds for Rajiv Gandhi Foundation, Congress has hit back at the BJP alleging that PM CARES Fund was accepting donations from Chinese firms when the armies of the two countries were engaged in a border standoff in Ladakh.

Senior Congress leader spokesperson Abhishek Manu Singhvi questioned Prime Minister Narendra Modi on his 18 meetings with Chinese President Xi Jinping in the last six years and asked why he has not yet called China an aggressor. “I implore the Prime Minister to say China is an aggressor,” he said.

Singhvi said reports suggest the PM CARES Fund has received Rs 9,678 crore by May 20. The Congress spokesperson alleged Huawei has donated Rs 7 crore, TikTok Rs 30 crore, Paytm Rs 100 crore, Xiaomi Rs 15 crore and Oppo Rs 1 crore to the fund. HT couldn’t independently ascertain this.

Over the past few days, the BJP released details of contributions made to RGF by various state-owned companies, government departments, and the Chinese embassy. RGF is a private trust while the PM CARES Fund was set up in March this year to deal with any emergency arising due to the COVID-19 pandemic. It has already funded the purchase of around 50,000 ventilators by government hospitals across India.

One of the allegations against the Congress, aired repeatedly by various BJP leaders over the past few days, is that the contributions made by the Chinese embassy and the Chinese government to the private trust controlled by the Gandhi family encouraged the party-led United Progressive Alliance government to turn a blind eye to India’s soaring trade deficit with China.

The charges and counter-charges have come against the backdrop of the stand-off between the two armies in Eastern Ladakh, where, on June 15, 20 Indian soldiers lost their lives in countering a transgression by the Chinese. An unknown number of Chinese soldiers also died in the incident.

Singhvi alleged that it was the BJP that has maintained ties with the Communist Party of China (CPC) since 2007 and its presidents, starting with Rajnath Singh, Nitin Gadkari and Amit Shah, have had the maximum number of exchanges with China.

29 Jun 2020
pm-cares-fund-gets-auditors-for-three-years

PM CARES fund gets auditors for three years

Trustees of the PM CARES fund have appointed a New Delhi-based Chartered Accountants SARC & Associates as its auditors for the next three years. The fund is administered on an honorary basis by a joint secretary of administration in the PMO and assisted by an officer in a director or deputy secretary rank.

 

The SARC & Associates headed by Sunil Kumar Gupta is also the auditor of the PM’s National Relief Fund (PMNRF) appointed in 2019. The Prime Minister, as chairperson of the Board of Trustees of the fund, has the power to nominate three trustees to the board. They shall be eminent persons in the field of research, health, science, social work, law, public administration or philanthropy.

18 Jun 2020
now-congress-takes-on-bjp-on-pm-cares-fund

Now Congress takes on BJP on PM CARES Fund

By IndianMandarins 29 Jun 2020

After being cornered on getting funds for Rajiv Gandhi Foundation, Congress has hit back at the BJP alleging that PM CARES Fund was accepting donations from Chinese firms when the armies of the two countries were engaged in a border standoff in Ladakh.

Senior Congress leader spokesperson Abhishek Manu Singhvi questioned Prime Minister Narendra Modi on his 18 meetings with Chinese President Xi Jinping in the last six years and asked why he has not yet called China an aggressor. “I implore the Prime Minister to say China is an aggressor,” he said.

Singhvi said reports suggest the PM CARES Fund has received Rs 9,678 crore by May 20. The Congress spokesperson alleged Huawei has donated Rs 7 crore, TikTok Rs 30 crore, Paytm Rs 100 crore, Xiaomi Rs 15 crore and Oppo Rs 1 crore to the fund. HT couldn’t independently ascertain this.

Over the past few days, the BJP released details of contributions made to RGF by various state-owned companies, government departments, and the Chinese embassy. RGF is a private trust while the PM CARES Fund was set up in March this year to deal with any emergency arising due to the COVID-19 pandemic. It has already funded the purchase of around 50,000 ventilators by government hospitals across India.

One of the allegations against the Congress, aired repeatedly by various BJP leaders over the past few days, is that the contributions made by the Chinese embassy and the Chinese government to the private trust controlled by the Gandhi family encouraged the party-led United Progressive Alliance government to turn a blind eye to India’s soaring trade deficit with China.

The charges and counter-charges have come against the backdrop of the stand-off between the two armies in Eastern Ladakh, where, on June 15, 20 Indian soldiers lost their lives in countering a transgression by the Chinese. An unknown number of Chinese soldiers also died in the incident.

Singhvi alleged that it was the BJP that has maintained ties with the Communist Party of China (CPC) since 2007 and its presidents, starting with Rajnath Singh, Nitin Gadkari and Amit Shah, have had the maximum number of exchanges with China.

pm-cares-fund-gets-auditors-for-three-years

PM CARES fund gets auditors for three years

By IndianMandarins 18 Jun 2020

Trustees of the PM CARES fund have appointed a New Delhi-based Chartered Accountants SARC & Associates as its auditors for the next three years. The fund is administered on an honorary basis by a joint secretary of administration in the PMO and assisted by an officer in a director or deputy secretary rank.

 

The SARC & Associates headed by Sunil Kumar Gupta is also the auditor of the PM’s National Relief Fund (PMNRF) appointed in 2019. The Prime Minister, as chairperson of the Board of Trustees of the fund, has the power to nominate three trustees to the board. They shall be eminent persons in the field of research, health, science, social work, law, public administration or philanthropy.

scope-employees-contribute-one-day-salary-to-pm-cares-fund

SCOPE employees contribute one day salary to PM-CARES Fund

By IndianMandarins 12 Apr 2020

Employees of Standing Conference of Public Enterprises (SCOPE), the apex organization of Public Sector Enterprises in India, contributed their one day salary to the PM-CARES Fund, to combat the COVID 19 epidemic and overcome the biggest calamity of recent times.

Reportedly, SCOPE is working closely with its member enterprises to compile initiatives taken by them and bring to the forefront their imperative contribution.

ircon-contributes-rs-15.5-crore-more-to-pm-cares

IRCON contributes Rs 15.5 crore more to PM CARES

By IndianMandarins 11 Apr 2020

IRCON has come forward to provide additional financial assistance of Rs 15.5 crore to PM CARES Fund for fighting COVID-19 which is in addition to Rs 5 crore assistance announced earlier. With Company’s total contribution to PM-CARES Fund now amounts to Rs 20.5 crore including the contribution of Rs 51 lakh by the employees.

IRCON CMD S K Chaudhary said, “Covid-19 is one of the biggest challenges that our country is facing and it has been unprecedented in its severity. We at IRCON, has always been at the forefront in times of need for the country. The biggest need at this time is to be united and strengthen the hands of the Government of India. We as a responsible company have been assessing the situation and have decided to enhance our contribution.” IRCON, through the years has been partnering with the Government towards nation-building.

fight-against-covid-19:-rec-foundation-providing-food,-shelter-to-over-36,500-daily-wagers

Fight against COVID-19: REC Foundation providing food, shelter to over 36,500 daily wagers

By IndianMandarins 06 Apr 2020

REC Foundation, the CSR arm of Navratna CPSE REC Ltd under of Ministry of Power, has started distributing cooked food, ration, utility packets, masks, sanitizers and even providing shelter during the lockdown to over 36,500 daily wagers and their families.

 

The Foundation has already released Rs 3.26 crore for these activities and more such funds are already in the pipeline. It is to be mentioned that REC has already donated Rs 150 crore to the PM CARES Fund to support India's fight against coronavirus.

 

REC Foundation in association with respective state-owned power distribution utilities is providing food grain packets and other utility packets like masks and sanitizers. REC has also tied up with Delhi Police to provide 500 ration kits on a daily basis with over 2000 beneficiaries. REC Foundation has also released funds to the offices of Distribution Companies, Collector and/or District Magistrates of various districts across India to provide cooked meals twice a day for 10-30 days.

npc-contributes-rs-8-lakh-to-pm-cares-fund

NPC contributes Rs 8 lakh to PM CARES Fund

By IndianMandarins 05 Apr 2020

The National Productivity Council (NPC), an organization comprising of 200 Officers and staffs, atoken of gesture has contributed Rs 8 lakh in the PM CARES Fund. NPC is an autonomous organization under the Department for Promotion of Industry and Internal Trade (DPIT), Ministry of Commerce and Industry.

bel-and-its-employees-contribute-rs-12.71-cr-to-pm-cares-fund

BEL and its employees contribute Rs 12.71 cr to PM CARES Fund

By IndianMandarins 03 Apr 2020

Like many other PSUs, Bharat Electronics Limited (BEL) too has come forward to join hands in the fight against COVID-19. Employees of Navratna defense PSU contributed a day’s salary amounting to Rs 2.71 crore to PM CARES Fund to tackle the pandemic.

BEL has also released Rs 10 crore from its CSR fund towards PM CARES fund to combat the COVID-19 pandemic. The Navratna company is putting in every effort to support the country’s war against COVID-19.

gail-contributes-rs-50-crore-to-pm-cares-fund

GAIL contributes Rs 50 crore to PM CARES Fund

By IndianMandarins 03 Apr 2020

Help to fight against COVID-19 is pouring in from all across and PSUs are in way behind anyone when GAIL (India) Ltd contributed Rs 50 crore to the PM-CARES Fund through its CSR fund. GAIL termed it as a humble contribution towards India Fights Corona for battling and defeating deadly disease.

GAIL's Pata Plant has contributed Rs 50 lakhs from its CSR funds to District Magistrate, Auraiya, in Uttar Pradesh. Together with combined efforts, the country and its people will defeat COVID19.

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