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Mahesh

22/09/22 21:52 PM IST

Ratan Tata among newly appointed trustees of PM CARES Fund

In News 
  • Industrialist Ratan Tata has been named as one of the trustees of the PM CARES Fund.
  • The TATA Sons chairman emeritus is among the eminent personalities, including former Supreme Court judge Justice K T Thomas, former Deputy Speaker Kariya Munda, who were nominated to the trust.
PM - Cares Fund 
  • The government has set up the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES Fund) to deal with any kind of emergency or distress situation like posed by the COVID-19 pandemic.
  • The Fund is a public charitable trust with the Prime Minister as its Chairman. Other Members include Defence Minister, Home Minister and Finance Minister.
  • The Fund enables micro-donations as a result of which a large number of people will be able to contribute with the smallest of denominations.
  • The Fund will strengthen disaster management capacities and encourage research on protecting citizens.
Source- India Today 

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