PM‑CARES fund raised 1,162.92 crore, spent only 16.47 crore in 2023‑25
By United One News · AI-generated summary of 5 outlets' reporting
Published · Updated
AI-generated summary of the coverage listed below:
- The audit report shows that the PM‑CARES fund collected 1,162.92 crore rupees from domestic and foreign donors during the 2023‑24 and 2024‑25 fiscal years, but spent only 16.47 crore rupees in the same period.
- In 2024‑25 it received 479.97 crore rupees and spent just 87.85 lakh rupees on children who lost parents to Covid‑19.
- The report highlights a large gap between inflows and outflows, raising questions about the fund’s use of resources.
Covered by 5 outlets across the spectrum: 20% left, 60% center, 20% right.
How each side framed it
Why is PM CARES Fund keeping large sums idle, asks RTI activist
PM-CARES fund receives Rs 1,162.92 crore, spends only Rs 16.47 crore during 2023-25: Audit report
PM CARES swells to Rs 8,452 crore, 93% of funds in FDs; interest matches donation
Timeline
First reported by Deccan Herald on ; 5 articles from 5 outlets so far.
Who is covering this story
- Left-leaning (2): The Hindu, Indian Express
- Center (2): Deccan Herald, ABP Live English
- Right-leaning (1): India Today
Sources
- PM-CARES fund receives Rs 1,162.92 crore, spends only Rs 16.47 crore during 2023-25: Audit report — Deccan Herald (center) ·
- PM CARES swells to Rs 8,452 crore, 93% of funds in FDs; interest matches donation — India Today (right-leaning) ·
- Why is PM CARES Fund keeping large sums idle, asks RTI activist — The Hindu (left-leaning) ·
- PM CARES Fund sees drop in donations, spending — Indian Express (left-leaning) ·
- PM CARES Fund Income Rises 41%, But Just 0.01% Balance Used; RTI Activist Questions Spending — ABP Live English (center) ·