Ever since the official announcement was made regarding PM CARES when there was already a relief fund in the form of the Prime Minister’s National Relief Fund (PMNRF), the new body was under controversy radar from all sections.
To be precise, PM Modi called for donations from individuals from all walks of life as well as organisations while all the donations with no cap were to be exempt from tax liabilities.
Amidst increasing demands to transfer the money collected in the PM Cares Fund to the PMNRF, Supreme Court dismissing the petition over the same came as a jolt to the oppositions. In a recent revelation, an audit statement the government has made public rattled the political circles.
According to the report, PM CARES received Rs 3,076 crore in donations in five days between March 27 and March 31 from abroad. Of the Rs 3,076 in donations, Rs 3,075.85 crore came from domestic voluntary contribution and Rs 39.67 lakh from foreign sources, the document said.
But the names of these generous donors will not be revealed. Why?
Every other NGO or Trust is obliged to reveal the names of donors contributing more than a threshold amount. Why is the PM CARES FUND exempt from this obligation?
— P. Chidambaram (@PChidambaram_IN) September 2, 2020
On this note, Congress leader and former Union Finance Minister P Chidambaram on Wednesday in a roll of tweets lambasted the central government over why the names of “these generous donors” were not revealed. “Why are the trustees afraid,” questioned the senior Congress leader.
It is to the known knowledge that Prime Minister Narendra Modi is the chairperson of the fund, and along with the defence, home and finance ministers also a trustee. According to the audit report published on the PM-Cares Fund website, Rs 30,76,62,58,096 was the final balance of the bank account linked to the Prime Minister’s Citizens Assistance and Relief in Emergency Situation.