What Is The Prime Minister’s Citizen Assistance and Relief in Emergency Situation (PM CARES)?
The Prime Minister’s Citizen Assistance and Relief in Emergency Situation (PM CARES) Fund was created on 28th March 2020 under the chairmanship of the Prime Minister of India, Mr Narendra Modi. There was a need to provide relief to the affected people in the emergent situations of the pandemic of COVID-19 and therefore, a public charitable trust under the name of the Prime Minister’s Citizen Assistance and Relief in Emergency Situation (PM CARES) was set up. It is a dedicated national fund that was created by the Prime Minister of India in order to combat the dreadful contingencies in the country. The primary objective of setting up this national fund was to deal with the forthcoming emergencies or some of the distress situations in the country.
Prime Minister’s Citizen Assistance and Relief in Emergency Situation (PM CARES)
What Are The Main Objectives of The Prime Minister’s Citizen Assistance and Relief in Emergency Situation (PM CARES)?
Following are the main objectives of this national fund: –
- To support relief and to undertake or take the assistance of any type that is related to a public health emergency or any other emergency, distress or calamity, either natural or man-made.
- It includes the creation or upkeep of pharmaceutical or healthcare facilities, funding relevant research or any other support relating to the matters of public health.
- It also focuses to render financial assistance and providing grants of payments or taking some necessary steps that are deemed necessary by the Board of Trustees for the affected people in the country.
- It also aims to undertake any other activity that is related to the above objectives only.
Constitution Of The Prime Minister’s Citizen Assistance and Relief in Emergency Situation (PM CARES) Trust
The Prime Minister of India, Narendra Modi will be the ex-officio Chairman of the PM Cares Fund. The Indian Government, Minister of Home Affairs, Minister of Defence and the Minister of Finance will be the ex-officio Trustees of The Prime Minister’s Citizen Assistance and Relief in Emergency Situation Fund. The Chairperson, that is the Prime Minister of India, shall have the power to nominate around 3 trustees to the Board of Trustees and they will be the eminent persons in the various fields of science, research, social work. public health, law, public administration and philanthropy. A person who is appointed as a Trustee will act in a pro bono capacity.
What Are The Steps To Transfer Funds To The Prime Minister’s Citizen Assistance and Relief in Emergency Situation (PM Cares) Fund?
- Visit the official website.
- Click on the ‘Donate Online’ option on the top of the menu.
- Then, you can either make a contribution by paying via UPI/ BMI or you can also send your contribution to the UPI address pmnrf@centralbank directly.
- You can also scan the QR Code on the website and can complete the payment.
- Another way is by filling an online donation form which is available on the website by providing your name, contact number, email ID, district, state, PIN Code, etc. Then, you need to click on ‘Continue’.
- Confirm these details and select the mode of payment.
- Complete the payment and you can also save that e-receipt.
Prime Minister’s Citizen Assistance and Relief in Emergency Situation (PM Cares)
FAQs
Are the donations under PM Cares exempted from taxes or not?
The donations made under this fund will qualify 100% tax exemption under the 80G of the Income Tax Act 1961.
When was the PM Cares Fund started?
This fund was started in March 2020 after the pandemic of coronavirus.
What is the full form of the PM CARES Fund?
The full form is The Prime Minister’s Citizen Assistance and Relief in Emergency Situation Fund.
