Wed. Feb 28th, 2024

During a meeting attended by its newly-nominated trustees Tata Sons chairman emeritus Ratan Tata, former Supreme Court judge K T Thomas, and former deputy speaker Kariya Munda, Prime Minister Narendra Modi thanked people for “contributing wholeheartedly” to the PM CARES Fund. The trustees, Union Home Minister Amit Shah and Union Finance Minister Nirmala Sitharaman, also attended the meeting.

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Former CAG Rajiv Mehrishi, former Infosys Foundation chairperson Sudha Murthy, and co-founder of Teach for India and ex-CEO of Indicorps and Piramal Foundation Anand Shah were appointed to an advisory board at the meeting. “Trustees praised the fund’s contribution at a critical juncture in the country’s history.” “Prime Minister Narendra Modi thanked the people of the country for their generous contributions to the PM CARES Fund,” the Prime Minister’s Office said in a statement.

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The participation of new trustees and advisers, according to the PM, will provide broader perspectives on the fund’s operation. “Their vast experience would add vigour to the fund’s responsiveness to various public needs,” he said.

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There was also discussion about broadening the scope of PM CARES, which the trustees stated not only covers the domain of relief assistance but also has a larger vision on effectively responding to emergency situations and capacity building. According to a presentation on the fund’s various initiatives, it currently supports 4,345 children.

The trustees’ responsibilities, according to the PMO, include managing the contribution process to ensure proper application of trust property and preparing and submitting all filings, accounts, and returns required by applicable law.

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