Now the PM CARES Fund will boast of a larger association including eminent names like Ratan Tata and Sudha Murthy among its advisors. PM Modi also said that the participation of new trustees and advisors will provide wider standpoints on the functioning of the PM CARES Fund.
PM CARES Fund
On Tuesday, Prime Minister Narendra Modi called a meeting of the Board of Trustees of the PM CARES Fund and praised the people of India for contributing to the same. During the session, PM Modi also revealed that the PM CARES for Children scheme which was launched in May this year was supporting 4345 children.
The Prime Minister welcomed the Trustees for becoming an essential part of the PM CARES Fund. Meanwhile, it was discussed that PM CARES has a larger vision of effectively responding to emergency and distress situations, not only through relief assistance but also by taking relief measures and capacity building, the PMO said.
Several well-known personalities have now been nominated as trustees of the PM CARES Fund on Wednesday, the government said in an official statement. The newly nominated trustees include former judge of Supreme Court, Justice K.T. Thomas, industrialist, and TATA Sons chairman emeritus Ratan Tata and former Lok Sabha speaker Kariya Munda.
The trust further decided to nominate prominent persons for the constitution of the fund’s advisory board. These include former Comptroller and Auditor General of India Rajiv Mehrishi, former chairperson of Infosys Foundation Sudha Murthy, and Anand Shah, co-founder of Teach for India and former CEO of Indicorps and Piramal Foundation.
Prime Minister said that the participation of new Trustees and Advisors will provide wider standpoints on the functioning of the PM CARES Fund. Their vast experience of public life would impart further power in making the fund more responsive to various public needs, the PMO added.