Page-2 of PM CARES Fund
COVID-19: Rs 3,100 crores allocated from PM CARES Funds
The PM CARES Fund trust was created on March 27, 2020. It was headed by Prime Minister Modi. The other members include Home Minister, Defence Minister and Finance Minister. Ventilators The allocated funds are to be used to buy 50,000 ..
Month: Current Affairs - May, 2020
What is Team Mask Force?
The “Team Mask Force” was created by the BCCI (Board of Control for Cricket in India). It features India’s most revered cricketers such as Sachin Tendulkar, Virat Kohli, Saurav Ganguly and Rahul Dravid. Highlights The Team Mask Force intends to ..
Month: Current Affairs - April, 2020
Ordinance passed for 100% Tax Exemption on donations to PM Cares Fund
On March 31, 2020, the Government of India passed an ordinance to allow 100% exemption on donations made on PM Cares Funds. The ordinance has also extended the time limit of direct and indirect tax filings to June 30, 2020. ..
Month: Current Affairs - April, 2020
Tamil Nadu Governor allocates 1 Crore to PM-CARES Fund
On March 30, 2020, the Governor of Tamil Nadu Banwarilal Purohit allocated 1 crore rupees to PM Cares Fund and another 1 crore towards the Tamil Nadu CM Public Relief Fund (CMPRF). The funds were released from the Governor’s Discretionary ..
Month: Current Affairs - March, 2020
Ministry of Defence: One Day Salary to PM-CARES Fund; Rs 500 crore contribution
On March 29, 2020, Ministry of Defence approved the proposal to contribute one day salary of the employees to the PM-CARES fund. This will amount to Rs 500 crores. Highlights The salary will collectively include funds from Army, Air Force, ..
Month: Current Affairs - March, 2020
GoI sets up PM-CARES Funds to fight against COVID-19
On March 28, 2020, Prime Minister Modi announced PM-CARES Fund. The fund is being raised to deal with the distress or emergency as that of COVID-19 pandemic. Highlights PM-CARES is Prime Minister’s Citizen Assistance and Relief in Emergency Situations fund. ..