Business Today
Loading...

Coronavirus: PM CARES fund unnecessary, says CPI(M)

CPI(M) Polit Bureau also said that on the trust set up for the new fund, the Prime Minister and three other ministers were trustees, without any opposition party or civil society leaders as members

twitter-logoPTI | April 2, 2020 | Updated 11:48 IST
Coronavirus: PM CARES fund unnecessary, says CPI(M)
Prime Minister Narendra Modi

CPI(M) has criticised Prime Minister Narendra Modi over the creation of the PM Cares Fund for those affected by coronavirus and said a similar fund was set up after the Pulwama attack and there has been no transparency about it.

The Polit Bureau said in a statement that a separate fund for the COVID-19 pandemic was unnecessary. The statement said the Prime Minister's National Relief Fund (PMNRF) has been in existence since 1948 and has an unspent balance of Rs 3,800 crore.

The accounts of the fund are transparent; audited by the CAG; and auto-generated receipts are given to the donors, it said. It also said that on the trust set up for the new fund, the Prime Minister and three other ministers were trustees, without any opposition party or civil society leaders as members.

"Substantial donations have poured in from the corporate world, celebrities, public sector undertakings etc. There are reports that a day's salary is being deducted from government employees and professionals, the armed and para-military forces as contribution towards this fund. Further, corporates will be considered as fulfilling their CSR obligations by merely contributing to this fund.

"There is no mention of maintenance of accounts, their audit or on the answerability of the decisions taken by these four trustees. In short, there is no transparency and accountability," it alleged.

After the Pulwama terrorist attack, a similar fund was set up called the Bharat ke Veer", to provide assistance to the victims of this tragedy.

"However, so far, no transparency or accountability on how this fund was utilized is visible. In this background, the PM Cares raises many disturbing questions...Under these circumstances, given the federal principles of our Constitution, the amounts collected by this new fund should be transferred to the PMNRF and from there to the state governments for meeting the challenges of the pandemic and saving people's lives," it said.

Also read: Coronavirus in India: Ordinance for tax compliance relief comes into force

Also read: Coronavirus in India Live Updates: Total COVID-19 cases spike to 2,166 in the country; death tally at 50

Youtube
  • Print

  • COMMENT
BT-Story-Page-B.gif
A    A   A
close