PM cares fund: Government appoints Ratan Tata as a trustee
According to the prime minister's office, veteran industrialist and former chairman of Tata sons and Tata group- Ratan Tata has been nominated as one of the trustees of the PM cares fund
Along with him, govt. appointed former supreme court judge KT Thomas, and deputy Lok Sabha speaker Kariya Munda as the trustees of PM Cares Fund
Narendra modi chaired a meeting of the board of trustees if the PM Cared fund , that was attended by union Home minister Amit Shah and union finance minister Nirmala sitharaman
Both Amit Shah and Nirmala Sitharam already are the trustees of PM Cares Fund that was created during the Covid-19 pandemic
The primary objective of this fund is to deal with any kind of emergency or distress situation alike to that happened during the covid-19
This fund also works to provide financial relief to the affected individuals during any emergency and distress situation
The PM cares fund consists entirely f voluntary contributors from the individuals and organizations if India, without any budgetary support at all