PM CARES full form or meaning is Prime Minister’s citizen Assistance Relief in Emergency situations.
The PM Cares Fund was established on 28 March 2020 after the outbreak of the coronavirus epidemic.
The fund will be used to fight the corona epidemic, to treat people, to do the research needed to find a cure for coronavirus and to tackle that situation if there is another such epidemic in the future.
The Prime Minister of India has been made the chairman of the PM Cares Fund, and along with the Home Minister, Defense Minister and Finance Minister of India have also been made members of this trust.
Together, the Prime Minister can add three more people to this trust, which may also include people from the opposition.
Income tax exemption will be exempted under India’s Income Tax Act 80G on the amount donated to PM Cares Fund.
Prior to PM Cairns in India, the Prime Minister’s Relief Fund was being run by the Prime Minister, in which people could contribute at any time, and the fund was Used to help people in the event of different disasters in the country.
At least ₹ 10 can be donated to the PM Cares Fund and there is no limit on the maximum amount of donation.
Indians or any foreign national residing outside India can also donate to this fund.
On the appeal of Prime Minister Narendra Modi, many people from India and around the world donated to the PM Cares Fund and by May 2020, more than Rs 10,000 crore had been deposited in this fund.
Names of some of the biggest donors in PM Cares-
- TATA Group- 1500 crore
- Reliance Industries – 500 crores
- Aditya Birla group – 400 crores
- Adani Group – 100 crores
- Akshay Kumar – 25 crores
Many employees of the Government of India and many people working in other companies also decided to give their 1-day salary for this relief work.
How can one donate to PM Cares?
To donate to this disaster fund, a person or company can donate using all available banking services.
Such as by debit card, credit card, internet banking, mobile banking, mobile wallet, T NEFT, RTGS, demand draft, check etc.
PM CARES account Details
SBI account Details –
Savings Bank A/C No. 39238765008
IFSC Code: SBIN0000691
Branch- New Delhi Main Branch, No.11, Parliament Street, New Delhi-110001
Please note that it has been advised by the Government of India, you should make any kind of donation with the account details given above, or visit the official website of PM Cares and use other means.
Because many fraudsters have created a lot of accounts and UPI IDs similar to PM Cares, through which those people can get your support given.
PM Cares FAQs
Does PM cares come under RTI?
In the month of April 2020, some people filed RTI to know how much money has come in PM Care and how this money is being spent, but the Government of India refused to respond to RTI saying that PM cares do not come under RTI.
What is the difference between PM Cares Fund and the PM Relief Fund?
Basically there is no Major Difference between PM Cares Fund and PM Relief Fund. that’s why many economist and famous personalities are raising questions about the need for a new relief fund.
There is also a big difference that the Prime Minister was the Chairman of PM Relief, and apart from that only one Secretary at the Director level helped him to use this fund properly for the people in Emergency.
While the Secretary of PM Cairns is the Prime Minister and the Home Minister, the Finance Minister and the Defense Minister are also trustees of this
On the PM Relief Care website, you will get the details of the donations received and the money spent while this information is not available on the PM Cares website.
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