New Delhi: With coronavirus posing severe health and economic ramifications, the Modi government today set up — PM CARES Fund to deal with emergency situation posed by COVID-19.
Taking to Twitter on Saturday, PM Modi said: “People from all walks of life expressed their desire to donate to India’s war against COVID-19. Respecting that spirit, the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund has been constituted. This will go a long way in creating a healthier India.”
People from all walks of life expressed their desire to donate to India’s war against COVID-19.
Respecting that spirit, the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund has been constituted. This will go a long way in creating a healthier India.
— Narendra Modi (@narendramodi) March 28, 2020
In another tweet, PM Modi also made an appeal to citizens to contribute to the emergency fund.
It is my appeal to my fellow Indians,
Kindly contribute to the PM-CARES Fund. This Fund will also cater to similar distressing situations, if they occur in the times ahead. This link has all important details about the fund. https://t.co/enPvcqCTw2
— Narendra Modi (@narendramodi) March 28, 2020
Akshay Kumar donates Rs 25 crore to PM CARES Fund
Among the first to pledge a donation on Twitter were actor Akshay Kumar and cricketer Suresh Raina.
This is that time when all that matters is the lives of our people. And we need to do anything and everything it takes. I pledge to contribute Rs 25 crores from my savings to @narendramodi ji’s PM-CARES Fund. Let’s save lives, Jaan hai toh jahaan hai. ?? https://t.co/dKbxiLXFLS
— Akshay Kumar (@akshaykumar) March 28, 2020
It’s time we all do our bit to help defeat #COVID19. I’m pledging ₹52 lakh for the fight against #Corona (₹31 lakh to the PM-CARES Fund & ₹21 lakh to the UP CM’s Disaster Relief Fund). Please do your bit too. Jai Hind!#StayHomeIndia @narendramodi @PMOIndia @myogiadityanath
— Suresh Raina?? (@ImRaina) March 28, 2020
The Prime Minister is the chairman of the trust and its members include Defence Minister, Home Minister and Finance Minister. This fund will enable micro-donations as a result of which a large number of people will be able to contribute with the smallest of denominations.
Donations exempt from Income tax, see how you can donate
The release said that citizens and organisations can go to the website pmindia.gov.in and donate to PM CARES Fund using the following details.
It said the donations to this fund will be exempted from Income Tax under Section 80(G). People have been urged to generously donate to the fund.
How to contribute to PM CARES Fund
Name of the Account: PM CARES; Account Number: 2121PM20202; IFSC Code: SBIN0000691, SWIFT Code: SBININBB104; Name of Bank and Branch: State Bank of India, New Delhi Main Branch; UPI ID: pmcares@sbi.
The release said that modes of payments available on the website include debit cards and credit cards, internet banking, UPI (BHIM, PhonePe, Amazon Pay, Google Pay, PayTM, Mobikwik, etc.), RTGS or NEFT.
