PM forms trust for donations for corona relief

KT NEWS SERVICE. Dated: 3/29/2020 12:26:50 AM

NEW DELHI, Mar 28: Prime Minister Narendra Modi on Saturday set up a national public charitable trust under his chairmanship to invite liberal donations to provide relief to those affected by COVID-19 pandemic and deal with any kind of emergency or distress situation.
Setting up the Prime Minister's Citizen assistance and relief in Emergency Situation Fund (PM CARES Fund), he said distress situations, whether natural or otherwise, demand expeditious and collective action to alleviate the sufferings of those affected by building capacities for quick emergency response and effective community resilience.
He said he always believed and shown in actions that public participation is the most effective way to mitigate any issue and this is yet another example. Besides him, the trustees of the fund are ex-officio defence, home and finance ministers.
The PMO said citizens and organisations can go to the website and donate to PM CARES Fund using following details:
Name of the Account : PM CARES
Account Number : 2121PM20202
IFSC Code : SBIN0000691
Name of Bank & Branch : State Bank of India, New Delhi Main Branch
UPI ID : pmcares@sbi
Payments can be made on the website under following modes:
-- Debit Cards and Credit Cards
-- Internet Banking
-- UPI (BHIM, PhonePe, Amazon Pay, Google Pay, PayTM, Mobikwik, etc.) and
Donations to this fund will be exempted from income tax under section 80(G).



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