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PM CARES contribution falls to ₹912 crore in FY23, lowest since its creation in March 2020
Millennium Post Delhi
|December 29, 2024
Voluntary contribution peaked at Rs 7,184 crore in FY21 and then fell to Rs 1,938 crore in FY22, before declining further in 2022-23
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NEW DELHI: The total voluntary contribution to the PM CARES Fund fell to Rs 912 crore in the fiscal year 2022-23, its lowest since the public charitable trust was created in March 2020 following the COVID-19 outbreak.
A study of the audited statements on the Prime Minister's Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund website shows that the voluntary contribution peaked at Rs 7,184 crore in 2020-21 and then fell to Rs 1,938 crore in 2021-22, before declining further in 2022-23 as the Covid threat receded after 2021.
The fiscal 2022-23 is the last year for which the statement is available on the website.
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