PM CARES Fund To Be Audited By Independent Auditors Instead Of CAG: Report

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PM CARES Fund To Be Audited By Independent Auditors Instead Of CAG: Report

The Prime Minister’s PM Care Fund which is supposed to help fight against COVID-19 disease, will not be audited by Comptroller and Auditor General of India but, will be audited by independent auditors as per the report by NDTV.

PM Care Fund was made by cabinets on March 28. The chairperson of PM Care Fund is Prime Minister Narendra Modi and senior cabinet ministers are its trustees.

As per NDTV reports, sources in the CAG officials have said that the PM care fund comes under charitable organizations as it is a collection by individuals and organizations, so they have no right to audit it.

As per a senior official in CAG, they can not audit the PM Care Fund unless trustees ask them to do so.

As per the Government, the PM CARES Fund will be audited by “independent auditors who will be appointed by the trustees”.

Ever since the outbreak of coronavirus has taken place regular appeals from Prime Minister, corporates, and famous public figures have been made, to contribute to the PM CARES Fund.

Recently, all secretaries have been urged by the Cabinet Secretary to ask all its officials, public sector undertakings and others to contribute to the PM CARES Fund.

Meanwhile, many questions were being raised by opposition parties about the requirement of the Fund when the Prime Minister’s National Relief Fund (PMNRF) already exists since 1948.

PM CARES Fund To Be Audited By Independent Auditors Instead Of CAG: Report

This preference given to the PM CARES Fund over state relief funds has raised several doubts and thus questions by many Chief Ministers.

As per the NDTV sources, the PMNRF is not also audited by the CAG either but it has not stopped the government’s auditor from asking questions about how the money was used when relief was provided post-floods in Uttarakhand in 2013.

Many international organizations like the World Health Organisations or WHO, which are reliant on aidings from countries too have their accounts audited. For the next four years the WHO is currently being checked by India’s CAG.

The PM CARES Fund accepts donations in tax-free form, from individuals and corporates, has seen several high-profile contributions from almost all major industrial groups, movie stars, and government departments.

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