Decline in Contributions to PM CARES Fund After COVID Pandemic:
The PM CARES Fund, created in March 2020 in response to the COVID-19 crisis, saw a significant drop in contributions in the financial year 2022-23, with total donations reaching Rs 912 crore, a steep fall from the Rs 7,184 crore received in 2020-21. Voluntary contributions accounted for Rs 909.64 crore, while foreign donations were just Rs 2.57 crore. The fund’s contribution peaked during the pandemic, with both domestic and international support rapidly declining post-2021 as the crisis subsided.
