PM CARES Fund
What is PM CARES Fund?
- ‘Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund’ (PM CARES Fund)’ is a dedicated national fund with the primary objective of dealing with any kind of emergency or distress situation, like posed by the COVID-19 pandemic, and to provide relief to the affected.
- Prime Minister is the ex-officio Chairman of the PM CARES Fund and Minister of Defence, Minister of Home Affairs and Minister of Finance are ex-officio Trustees of the Fund.
Key objectives :
- To undertake and support relief or assistance of any kind relating to a public health emergency or any other kind of emergency, calamity or distress, either man-made or natural, including the creation or upgradation of healthcare or pharmaceutical facilities, other necessary infrastructure, funding relevant research or any other type of support.
- To render financial assistance, provide grants of payments of money or take such other steps as may be deemed necessary by the Board of Trustees to the affected population.
Tax Exemptions:
Donations to PM CARES Fund would qualify
- For section 80G benefits for 100% exemption under the Income Tax Act, 1961.
- As Corporate Social Responsibility (CSR) expenditure under the Companies Act, 2013
has also got exemption under the FCRA.
Why in News?
- The Prime Minister’s Office (PMO) has refused to disclose details on the creation and operation of the PM CARES Fund, telling an RTI applicant that the fund is “not a public authority” within the ambit of the RTI Act, 2005.
About RTI Act 2005The basic objective of the Right to Information Act is to empower the citizens, promote transparency and accountability in the working of the Public Authorities, contain corruption, and make our democracy work for the people in real sense. Key Sections of the Act:Section- 2 (h): “Public Authority” means any authority or body or institution of self government established or constituted:
It also includes any:
Section 4(2) of the RTI Act mandates every public authority to provide as much information suo- motu to the public at regular intervals through various means of communications, including the Internet, so that the public need not resort to the use of RTI Act. Section- 7 (1):Time limit for the supply of information
Section- 7 (8):Reason to rejection: Where a request has been rejected ,the Central Public Information Officer or State Public Information Officer, as the case may be, shall communicate to the person making the request,
Section 8 (1) :Exemptions against furnishing information under RTI Act. Section 8 (2) provides for disclosure of information exempted under Official Secrets Act, 1923 if larger public interest is served. Section- 24 (1): Non applicable to Intelligence and Security agencies: Nothing contained in this Act shall apply to the intelligence and security organisations specified in the Second Schedule, being organisations established by the Central Government or any information furnished by such organisations to that Government. |