- The government of India has spent ₹3,976 crore of the ₹10,990 crore PM Cares fund.
- The biggest expense incurred was the procurement of 6.6 crore doses of COVID-19 vaccines.
- The Indian government had received donations worth ₹7,679 crore from within the country.
The government of India has spent nearly a third of the total corpus raised by
PM CARES (Prime Minister’s Citizen Assistance and Relief in Emergency Situation) Fund between April 2020 to March 2021.
The government of India spent ₹3,976 crore of the ₹10,990 crore PM CARES Fund.
The biggest expense incurred during the same time frame was procurement of 6.6 crore doses of COVID-19 vaccines, the data shared by the government of India has revealed. Procurement of Made-In-India ventilators was a close second.
Disbursal
| Expense
|
Procurement of 6.6 crore doses of COVID-19 vaccines
| ₹1,392 crore
|
50,000 Made-in-India ventilators provided to state as well as central government-run hospitals
| ₹1,311 crore
|
Funds allotted to state and union territories for welfare of the immigrants
| ₹1,000 crore
|
Adoption of medical oxygen plants inside public health facilities
| ₹201 crore
|
Establishment of two 500 bedded makeshift COVID-19 hospitals in Muzaffarpur and Patna, 16 RT-PCR testing labs in 9 states/UTs, installation and operationalisation of 162 pressure swings
| ₹50 crore
|
Funding of two of the autonomous institute laboratories under department of biotechnology for upgradation as Central Drug Laboratory (CDL) for test and release of the batches of COVID-19 vaccines
| ₹20 crore
|
Bank Charges
| ₹1 lakh
|
Total Expenses
| ₹3,976 crore
|
The Indian government had received donations worth ₹7,679 crore from within the country between April 2020 to March 2021, and an additional ₹494 crore was donated by foreign contributors.
Receipt
| April ‘19 to March ‘20
| April ‘20 to March ‘21
|
Open Balance, carried forward from previous fiscal year
| N/A
| ₹3,076 crore
|
Initial Corpus
| ₹2.25 lakh
| N/A
|
Voluntary Contribution
| ₹3,075 crore
| ₹7,183 crore
|
Foreign Contribution
| ₹39 lakh
| ₹494 crore
|
Interest Income – Regular account
| ₹35 lakh
| ₹224 crore
|
Interest Income – Foreign Contribution account
| ₹575
| ₹10 crore
|
Refund of Unspent balance with interest from NDMA
| N/A
| ₹25 lakh
|
Total Receipt
| ₹3076 crore
| ₹10,990 crore*
|
SEE ALSOAdani Wilmar, TVS Motor, Bharti Airtel, IRCTC and other hot stocks on February 8$4$4