Page-3 of PM CARES Fund Current Affairs, GK & News

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 ventilators. The ventilators are to be purchased at a cost of Rs 2,000 cores. These ..

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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 spread awareness of the importance of wearing face masks in public places. Under the initiative, ..

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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. Key Features on Direct Taxes The last date for filing Income Tax returns has been ..

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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 Grant. Highlights In Tamil Nadu, the number of COVID-19 infected cases suddenly increased by 17 ..

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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, Navy and other Defence PSUs. The contribution is voluntary and employees willing to opt out ..

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