PM CARES Funds allocations

Key Points:-

• The PM CARES Fund Trust has allocated ₹2,000 crores for the supply of 50,000 “Made-­in-­India” ventilators to government­run COVID­19 hospitals in all States and Union Territories. Further, ₹1,000 crores have been allocated for the welfare of migrant laborers, a Union government release said
• So far 2,923 ventilators have been manufactured of which 1,340 have already been delivered to the States/UTs
• The prominent recipients include Maharashtra (275), Delhi (275), Gujarat (175), Bihar (100), Karnataka (90), and Rajasthan (75). By month­end, 14,000 more will be delivered to cover all States and Union Territories.
• Further, ₹1,000 crores have already been released to States/UTs for the welfare of the migrant laborers
• The distribution of the fund is based on the formula of 50% weightage for the population as per the 2011 Census, 40% weightage for the number of positive COVID­19 cases and 10% for equal distribution among all the States/UTs
• This assistance is to be used for arranging accommodation, food, medical treatment, and transportation of the migrants. The main recipients of the grant are Maharashtra (₹181 crores), Uttar Pradesh (₹103 cr.), Tamil Nadu (₹83 cr.), Gujarat (₹66 cr.), Delhi (₹55 cr.), West Bengal (₹53 cr.), Bihar (₹51 cr.), Madhya Pradesh (₹50 cr.), Rajasthan (₹50 cr.) and Karnataka (₹34 cr.)

PM CARES Fund

• The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) were created on 28 March 2020, following the COVID-19 pandemic in India. The fund will be used for combat, and containment and relief efforts against the coronavirus outbreak and similar pandemic like situations in the future. The Prime Minister of India is the chairman of the fund. Trustees include the Minister of Defence, Minister of Home Affairs, and Minister of Finance in the Government of India.
• The fund will also enable micro-donations. The minimum donation accepted for the PM CARES Fund is ₹10. The donations will be tax-exempt and fall under corporate social responsibility (CSR) The Prime Minister had said that the PMO had received many requests to help in the war against COVID-19. Accordingly, the fund was set up and will be used for disaster management and research.