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The veteran industrialist Ratan Tata, former Supreme Court justice KT Thomas, and former deputy speaker of the Lok Sabha Kariya Munda have all been proposed as trustees of the PM CARES Fund, according to the prime minister’s office. Amit Shah, the Union Home Minister, and Nirmala Sitharaman, the Union Finance Minister, attended a meeting of the Board of Trustees of the PM CARES Fund that was presided over by Prime Minister Narendra Modi.
The Trustees of the PM Cares Fund are Shah and Sitharaman. The newly nominated trustees of the PM CARES Fund were named during the meeting by Ratan Tata, Chairman Emeritus of Tata Sons, Justice KT Thomas, a former SC judge, and Kariya Munda, a former Deputy Speaker.
Based on the PMO:
- The trust also agreed to propose more distinguished individuals for the Advisory Board to the PM CARES Fund.
- Among these notable individuals were Anand Shah, co-founder of Teach for India, Rajiv Mehrishi, a former CEO of Indicorps and the Piramal Foundation, and Sudha Murthy, a former chairperson of the Infosys Foundation.
About the PM CARES Fund:
During the Covid-19 epidemic, the PM CARES Fund was established. The fund’s main goal is to respond to any emergency or distress scenario, such as the pandemic’s threat, and to help those who are impacted. The fund receives no budgetary support and is solely funded by voluntary contributions from individuals and organisations.