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Weekly Current Affairs: April week-2 - PM CARES Fund

  • Category
    Miscellaneous
  • Published
    9th Apr, 2020

To combat the novel coronavirus pandemic, Prime Minister Narendra Modi announced the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES) and asked people to contribute to the PM Cares account.

  • To combat the novel coronavirus pandemic, Prime Minister Narendra Modi announced the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES) and asked people to contribute to the PM Cares account.
  • PM-CARES is a public charitable trust. It is a dedicated national fund with the primary objective of dealing with any kind of emergency or distress situation, like posed by the Coronavirus pandemic, and to provide relief to the affected.
  • Prime Minister Modi is the chairman of the trust and its members include defence minister, home minister and finance minister.
  • PM-CARES is different from the PM’s Relief Fund that has been used by the Union government for years even till the recent Kerala floods and other crises.

    Correct details:

    • Name of the Account: PM CARES
    • Account Number: 2121PM20202
    • IFSC Code: SBIN0000691
    • SWIFT Code: SBININBB104
    • Name of Bank and Branch: State Bank of India, New Delhi Main Branch
    • UPI ID: pmcares@sbi
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