PM CARES Fund Audit: Where Is the Money Going? | Above the Fold | Aug 19, 2026

PM CARES Fund Audit: Where Is the Money Going? | Above the Fold | Aug 19, 2026

After a two-year delay, the PM CARES Fund audit report was made public yesterday. The report revealed that there is over ₹8,000 crore in the fund’s corpus, and only 0.01 percent of the money was used in FY 2024-25. In this episode, we unpack the findings of the audit report. We also go to Bihar, where over 30 students fell ill after washing detergent was allegedly used instead of salt in meals provided as part of the mid-day meal scheme. We also…

Decoding PM CARES Fund audit report: Sitting on thousands of crores, yet only lakhs spent

After a two-year wait, the Government of India has finally released the audit report for the PM CARES Fund. The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) currently holds a corpus of Rs 8,452.06 crore. Of this amount, Rs 7,846.6 crore is held in fixed deposits, while Rs 605.4 crore is in savings accounts. The fund was established to tackle emergency situations arising from the pandemic during the …

Rs 87.85 lakh spent in one year becomes ‘since 2020’: How the Opposition and its media cheerleaders twisted PM CARES audit figures to manufacture a controversy

The latest audit report on the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund, covering FY 2023-24 and FY 2024-25, has triggered a familiar political storm. The opposition and anti-government voices joined forces to target the Modi government by spreading misinformation regarding the audit report by distorting and misrepresenting facts and numbers to target the Modi government. The audit report revealed th…

PM CARES Fund Holds ₹8,452 Crore Amid Scrutiny Over Spending

As of now, the PM CARES Fund has a total corpus of ₹8,452 crore. This substantial amount has been amassed through donations and contributions from various sources since its inception in March 2020, particularly in response to the COVID-19 pandemic. The fund was established to provide emergency relief during national disasters and crises. However, concerns have been raised regarding the limited utilisation of the fund’s resources. Many observers …

PM CARES Fund Corpus Rises to Rs. 8,452 Crore

Excluding the opening balance, the PM CARES Fund received a total of Rs. 1,279.91 crore during the financial year 2024-25. NEW DELHI (India CSR): The PM CARES Fund closed financial year 2024-25 with a balance of Rs. 8,452.07 crore, up from Rs. 7,173.03 crore a year earlier, according to the latest audited receipts and payments statement. The figures show a notable change in how the corpus is held: Rs. 7,846.65 crore, or nearly 93%, was in fixed …