PolityGovernance
News 12 of 19

PM CARES Fund: Donations Fall to ₹479.96 Cr, Balance Hits Record ₹8,452 Cr; No Questions in Lok Sabha

Target:UPSC GS-IIMPSCSSC GATeachingPrelims HighMains MediumStatic GK Link
23 Aug 2026
~2 min
Source: Indian Express
Key Data:₹479.96 crore (total contributions FY2024-25)₹8,452.06 crore (closing balance)₹87.85 lakh (spending)March 27, 2020 (establishment date)Rule 41(2) of Lok SabhaRegistration Act, 1908
Bodies:PM CARES FundPMOLok SabhaSupreme Court
Practice MCQs from today's news ▸
What This Article Covers

1.PM CARES fund donations fell to ₹479.96 crore in FY2024-25, spending at five-year low of ₹87.85 lakh, balance at record ₹8,452.06 crore.

2.PM CARES is a public charitable trust under Registration Act, 1908, chaired by PM, with Defence, Home, Finance Ministers as ex-officio trustees.

3.PMO cites Rule 41(2) of Lok Sabha to bar questions on PM CARES, PMNRF, and NDF as they are not funded by Consolidated Fund of India.

The Big Picture
Prelims · HighMains · Medium

PM CARES Fund, a public charitable trust set up in 2020 for COVID-19 relief, saw donations plunge to ₹479.96 crore in FY2024-25 while its closing balance hit a record ₹8,452.06 crore. Spending fell to a five-year low of ₹87.85 lakh. The PMO has informed Lok Sabha that questions on PM CARES, PMNRF, and NDF are not admissible under parliamentary rules as they are funded by voluntary contributions, not from the Consolidated Fund of India.

Exam Lens

Quick Exam Facts From News

Total Contributions (FY2024-25)₹479.96 crore
Domestic Donations₹479.04 crore
Foreign Donations₹92 lakh
Interest Income₹475.14 crore
Total Spending (FY2024-25)₹87.85 lakh
Closing Balance (FY2024-25)₹8,452.06 crore
Date of EstablishmentMarch 27, 2020

1-Minute Revision

  • ›Total Contributions (FY2024-25): ₹479.96 crore
  • ›Domestic Donations: ₹479.04 crore
  • ›Target this Data: Donations ₹479.96 crore, Closing balance ₹8,452.06 crore, Spending ₹87.85 lakh (FY2024-25)
  • ›Target this Nodal Body: PM CARES Fund (public charitable trust under Registration Act, 1908) – PMO
  • ›Target this Legal Point: Rule 41(2)(viii) and (xvii) of Lok Sabha – questions not admissible on funds not from Consolidated Fund of India

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Under which Act is the PM CARES Fund registered as a public charitable trust?

Q2Statement-basedHard

Consider the following statements regarding PM CARES Fund:

1. The Prime Minister is the ex-officio chairman of the Fund.

2. The Fund is audited by the Comptroller and Auditor General of India.

3. Donations to the Fund qualify for 100% tax exemption under Section 80G of the Income Tax Act, 1961.

Which of the statements given above is/are correct?

Q3Data-centricMedium

What was the total contribution received by the PM CARES Fund in the financial year 2024-25?

Q4Application/ImpactMedium

Why are questions on PM CARES Fund not admissible in Lok Sabha according to the PMO?

All 15 MCQs ▸
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