Coronavirus | PM CARES makes first allocations
The Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund, better known as PM CARES, will allocate ₹3,100 crore to COVID-19 relief, including funds for ventilators, migrant workers and vaccine development, according to an official statement from the Prime Minister’s Office on May 13 evening.
The announcement comes one-and-a-half months after the fund was set up on March 27. There is no indication in the statement or on the PM CARES website how much money the fund has collected from donors in that time.
In order to augment the health infrastructure needed to tackle the pandemic, the PM CARES Fund Trust has decided to spend ₹2,000 crore to buy 50,000 Indian-made ventilators, which will be provided to government-run hospitals designated for COVID-19 treatment in all states and union territories, said the statement.
Another ₹1,000 crore will be used to support States’ welfare measures for migrant workers, and will help provide accommodation, food, medical treatment and transport.
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