PM-CARES received Rs 3,076 crore fund in five days, Congress asks to reveal donors' name

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PM Modi during an address
PM Modi during an address

New Delhi : The government has made public an audit statement of the PM-CARES fund that reveals that Rs 3,076 crore fund was generated in just five days.

The statement, for the financial year 2020, only records donations between March 27 (when the fund was set up) and March 31.

Of this Rs 3,076 crore, Rs 3,075.85 crore came from domestic voluntary contribution and Rs 39.67 lakh was foreign contribution. The statement says PM-CARES had an initial corpus of Rs 2.25 lakh and the fund has also received an interest of around Rs 35 lakh.

The audit statement has been uploaded on the PM-CARES fund website but the "accompanying notes 1 to 6" in the statement have not been made public. This means the government has not disclosed the names of domestic and international donors.

Former Finance Minister Chidambaram questioned in tweets why the names of "these generous donors" were not revealed. "Why? Every other NGO or Trust is obliged to reveal the names of donors contributing more than a threshold amount. Why is the PM CARES FUND exempt from this obligation," he asked.

The senior Congress leader also tweeted: "The donee is known. The trustees of the donee are known. Why are the trustees afraid to reveal the names of the donors?"