Context: PM CARES Fund Trust allocates Rs.201.58 crores for installation of 162 dedicated PSA Medical Oxygen Generation Plants in public health facilities.
PM CARES Fund Objectives
Keeping in mind the need to provide relief to the affected in emergent situations of Coronavirus COVID-19, a public charitable trust under the name of PM CARES Fund has been set up. The PM CARES is a dedicated national fund created to combat the dreadful contingencies like COVID-19 pandemic in India. The primary objective of this fund is to deal with forthcoming emergencies or distress situations.
Objectives of PM CARES Fund
Constitution of the PM CARES Trust
Other Similar Government Fundings
Not just the PM CARES Fund, there are other similar existing charitable trusts of Indian Government like Prime Minister National Relief Fund (PMNRF). The details of PMNRF are highlighted below:
PM CARES Fund Important FACTS
Context: DRDO signs MoU with MAHA-METRO for implementation of Advanced Biodigester Mk-II Technology in Metro Rail Network.
Details
DRDO’s Biodigester
Context: The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, Govt. of India is organizing Udyog Manthan.
Details
Context: Union ministers launch Toycathon-2021 and Toycathon Portal.
About Toycathon-2021
Context: IMD issues a statement on Climate of India during 2020.
Highlights of IMD’s Statement
Context: Rastriya Kamdhenu Aayog announces Kamdhenu Gau-Vigyan Prachar-Prasar Exam.
Details
About Rashtriya Kamdhenu Aayog (RKA)
Context: Swasth Vayu Non-invasive Ventilator developed by CSIR-NAL receives regulator nod.
What is the Device?
About CSIR-NAL
Magneto-telluric (MT) Method
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