The Modi Government on Wednesday nominated Chairman of Tata Sons, Ratan Tata, former Supreme Court judge Justice KT Thomas, and former Deputy Lok Sabha Speaker Kariya Munda as trustees of the PM CARES Fund. On Tuesday, they attended the first meeting of the fund chaired by Prime Minister Narendra Modi.
Some eminent people also appointed to the fund as advisers include Rajiv Mehrishi, former Comptroller and Auditor General of India; Sudha Murthy, former Chairperson, Infosys Foundation; Anand Shah, Co-founder of Teach for India and former CEO of Indicorps and Piramal Foundation. They also attended the meeting.
According to the Prime Minister’s Office (PMO), a presentation was made in the meeting on the various initiatives undertaken with the help of the PM CARES Fund, including the PM CARES for Children scheme which is supporting 4,345 children.
Modi lauded the people for contributing wholeheartedly to the PM CARES Fund, the PMO said in a statement on Wednesday.
PM CARES Fund trustees Union Home Minister Amit Shah and Finance Minister Nirmala Sitharaman were also present in the meeting.
The Prime Minister said the participation of new trustees and advisors will provide a wider perspective to the functioning of the PM CARES Fund, according to the statement.
The PM CARES Fund, set up to deal with emergencies such as the Covid pandemic, saw its corpus grow nearly three-fold to Rs 10,990 crore in the 2020-21 fiscal, while the disbursal rose to Rs 3,976 crore, according to the latest audited statement