The fund will be used to aid the government’s efforts to combat the novel coronavirus spread.
The Central Board of Secondary Education (CBSE) decided to contribute Rs 21, 00,000 to the PM CARES FUND. The fund will be used to aid the government’s efforts to combat the novel coronavirus spread. The amount is contributed by all the employees who voluntarily came forward to donate their salary to the PM CARES Fund. According to the reports, while talking about the contribution, CBSE informed that Group- "A" Employees donated two-day salary and Group- "B" & "C" Employees, one day Salary to Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund).
In an official statement, CBSE Secretary, Anurag Tripathi stated that the country is facing a serious crisis in the name of the coronavirus (COVID-19) Pandemic of unprecedented magnitude posing serious threat to the health, life and economic security of millions of people in the Country
On March 28, Prime Minister Narendra Modi announced that the government is launching a new fund to combat the coronavirus crisis and similar situations arising in the future. The fund drew a flood of pledges including Rs 25 crores from the Bollywood star Akshay Kumar.
Known as the PM CARES (Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund), the fund will have Prime Minister as the chairman of the trust along with Defence Minister, Home Minister and Finance Minister as the reputed members of the trust.
The official statement by the government stated that the spread of novel coronavirus is posing a serious threat to health and economic ramifications for our country. The Prime Minister's office is spontaneously receiving innumerable requests for making generous donations to aid the government’s efforts in the wake of the emergency.
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