The Hindu National · DistrictNews · 2026-08-19
PM CARES Fund: Donations drop, interests accrue, utilisation abysmal
The corpus of PM CARES grew by 26% in two years despite drop in donations due to accrual of interests. However, utilisation of the funds reduced to 0.01% of available corpus in 2024-25 The financial statements showed that the corpus of PM CARES grew by 26% over two years, despite a drop in donations, due to interest accrual. Meanwhile, the utilisation remained at 0.01% of the available corpus in 2024-25 PM CARES Fund: Donations drop, interests accrue, utilisation abysmal
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