PM-CARES Public Or Private Fund? Documents Reveal Contradiction

Wednesday, 16 December 2020Newsdesk

s the PM-CARES fund set up for Covid a private or government trust? While it has been defined as a government trust for the purpose of corporate donations, a clause in the trust documents calls it a private entity, which leaves it exempt from RTI scrutiny.

New Delhi, 16 December 2020

As per news report of NDTV, the PM-CARES fund has been registered with the revenue department of Delhi, with the Prime Minister as chairperson of a trust. But the trust deed made public now does not define it as a government trust. Point 5.3 of the Trust Deed says: "The trust is neither intended to be or is in fact owned, controlled or substantially financed by any government or any instrumentality of the government. There is no control of either the central government or any state governments, either direct or indirect, in the functioning of the trust in any manner whatsoever."

Source -NDTV