PM-CARES FUND

About:

• Mandate: This will be a dedicated national fund with the primary objective of dealing with any kind of emergency or distress situation, like posed by the COVID-19 pandemic.
  
  
• Administration: Prime Minister is the Chairman of this trust and its Members include Defence Minister, Home Minister and Finance Minister.
  
  
• Features: Citizens and organisations can go to the website pmindia.gov.in and donate to PM CARES Fund. This fund will enable micro-donations allowing a large number of people will be able to contribute with smallest of denominations.
  
  
• Donations to this fund will be exempted from income tax under section 80(G).