PM CARES
Why is it in news?
- The Supreme Court on Tuesday endorsed the PM CARES Fund as a “public charitable trust” to which donors contribute voluntarily.
Supreme Court Judgement:
- There is “no occasion” for the Comptroller and Auditor General (CAG) to audit a public charitable trust independent of budgetary support or government money.
- The Bench refused to direct the transfer of funds from the PM CARES Fund to the NDRF as funds collected in the PM CARES Fund are entirely different funds, which are funds of a public charitable trust.
About PM CARES
- The Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund was set to accept donations and provide relief during the COVID-19 pandemic, and other similar emergencies
- Not a public authority under RIT Act: As per the PMO, PM CARES Fund is not a Public Authority under the ambit of Section 2(h) of the RTI Act, 2005.