Congress president Mallikarjun Kharge on Thursday puzzled the spending and duty of the PM CARES Fund, bringing up its monetary commentary for 2024-25 and claiming that the fund had a final stability of round Rs 8,452 crore whilst simplest Rs 87.85 lakh was once spent all through the 12 months.
In a submit on X, Kharge alleged that the expenditure all through 2024-25 amounted to slightly 0.01 consistent with cent of the fund’s final stability and puzzled the reason in the back of an emergency fund collecting 1000’s of crores.
“PM does no longer CARE: Public Authority With out Public Responsibility?” Kharge mentioned, whilst additionally relating to the Ram Mandir Consider in his grievance of Top Minister Narendra Modi.
“As though one Shree Ram Mandir Consider was once no longer sufficient for Chanda Chori,” Kharge mentioned, alleging that each the PM CARES Fund and the Ram Mandir Consider have been introduced underneath Modi’s oversight and obtain donations.
Kharge additionally puzzled the mechanisms governing the PM CARES Fund, alleging that it remained out of doors what he described because the “odd mechanisms of public scrutiny”. He claimed that the fund was once no longer matter to RTI scrutiny, a CAG audit or Parliamentary duty.
“The Top Minister is its Chairman. The Defence, House and Finance Ministers are its Trustees. It accepts CSR contributions and tax-deductible donations,” Kharge mentioned.
He requested why a fund bearing the Top Minister’s identify remained past typical public scrutiny and puzzled why an emergency fund was once collecting huge reserves when just a small portion of its final stability was once spent all through the monetary 12 months.
“Why does a Fund bearing the Top Minister’s identify stay past the odd mechanisms of public scrutiny?” Kharge requested.
He additionally puzzled the reason in the back of the fund collecting 1000’s of crores when, in line with the figures cited by way of him, simplest about 0.01 consistent with cent of its final stability was once spent in 2024-25.
The monetary commentary shared by way of Kharge confirmed that the fund gained home and international donations all through the 12 months and in addition earned hobby from financial institution financial savings and stuck deposits.
The PM CARES Fund was once established in March 2020 as a public charitable agree with to obtain contributions and supply help all through emergency and misery scenarios, together with the COVID-19 pandemic.
Kharge’s remarks got here after the discharge of the fund’s monetary commentary for 2024-25, with the Congress chief in search of larger transparency and duty over its price range and functioning.
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