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The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) was created on 27 March 2020, following the COVID-19 pandemic in India. Although it is named for the Prime Minister of India, and uses the State Emblem of India , it is a private fund, used at the discretion of the Prime Minister and the Fund's ...
ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara.It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.
Modi launched the "PM CARES" fund to provide relief to those affected by the coronavirus that has infected more than 5,000 people in India, and killed 149. The fund is expected to help millions of ...
[72] [73] The Aditya Birla Group donated ₹ 500 crore to the PM CARES Fund in 2020. [74] In 2019, Kumar Mangalam Birla created a £15mn scholarship program at the London Business School in memory of his grandfather, Basant Kumar Birla .
On 24 March in his address to the nation, the Prime Minister announced a ₹ 15,000 crore (equivalent to ₹ 180 billion or US$2.0 billion in 2023) fund for the healthcare sector. [46] On 24 March the Finance Minister made a number of announcements related to the economy such as extending last dates for filing GST returns and income tax returns ...
P. Pariksha Pe Charcha; PM CARES Fund; PM Gati Shakti; PM Kusum Scheme; Police Mitra scheme; Post Office Passport Seva Kendra; Pradhan Mantri Awas Yojana; Pradhan Mantri Bharatiya Janaushadhi Pariyojana
The fund collected is exempted from income tax to drive more people into the initiative. [3] Chairman of the fund is the Prime Minister and he is assisted by joint secretary. The whole of the fund is deposited with scheduled commercial banks and the beneficiaries are identified directly by the Prime Minister from among the beneficiaries. [3] [4]
During the COVID-19 pandemic in India, Paytm contributed ₹ 10 to every single user who pays to the PM CARES Fund via their app; within ten days they had collected ₹ 100 crores in their app. Their 1,200 employees contributed 15 days or even a few months of their salaries to the fund.