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Business

Domestic donations to PM CARES fund down by 30% to ₹479 crore in FY25

Business Standard ·
Domestic donations to PM CARES fund down by 30% to ₹479 crore in FY25

Domestic donations to the PM CARES Fund fell by 30 per cent to nearly Rs 479 crore during the fiscal year 2024-2025 while foreign donations also declined by 18 per cent to Rs 92.8 lakh, according to its latest audit report.

The total balance in PM CARES Fund stood at Rs 8,452 crore as on March 31, 2025, up from Rs 7,173 crore a year ago.

Of this, Rs 7,846 crore was parked in fixed deposits and Rs 605 crore in savings bank accounts, the report said.

The domestic donations received by the PM CARES in fiscal year 2023-24 stood at Rs 681.8 crore, while it had got foreign donations totalling Rs 1.13 crore.

The fund spent Rs 87.8 lakh on PM CARES for Children Scheme during 2024-25, sharply down from Rs 15.37 crore in the previous year.

Total payments made during the year 2024-25 was Rs 87.85 lakh, as against Rs 15.6 crore in the previous fiscal.

A study of the audited statements on the Prime Minister's Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund website shows

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