PM CARES Fund Trust on Wednesday (May 13, 2020) has decided to allocate Rs 3,100 crore for the fight against the coronavirus.
PM CARES is a Prime Minister’s Citizen Assistance and Relief fund in fight against coronavirus outbreak in the country.
The trust was formed by Indian government on March 27, 2020 which is headed by Prime Minister (ex-Officio) and other ex-officio Members of the trust are Defence Minister, Home Minister and Finance Minister.