Question: What amount of money has been allocated from PM CARES Fund to fight COVID-19 on May 13, 2020?
(a)2000 crore
(b)3000 crore
(c)2500 crore
(d)3100 crore
Answer: (d)
Related facts:
- PM CARES (Prime Minister’s Citizen Assistance and Relief in Emergency Situations) Fund Trust allocated Rs. 3100 Crore for fight against COVID-19.
- Out of Rs 3100 crore, a sum of approximately Rs.2000 crore will be earmarked for the purchase of ventilators, Rs. 1000 crores will be used for care of migrant labourers and Rs.100 crores will be given to support vaccine development.
- This trust was formed on 27 March 2020 and is headed by Prime Minister and other ex-officio Members of the trust are Defence Minister, Home Minister and Finance Minister.
- Allotment of the fund:
- Ventilators:
- A total of 50,000 ‘Made-in-India’ ventilators will be purchased from PM CARES Fund at a cost of approximately Rs. 2000 Crores.
- These ventilators will be provided to government run COVID hospitals in all States/UTs,for better treatment of the critical COVID-19 cases.
- Relief measures for migrants:
- Rs. 1000 Crore is allocated for strengthening the existing measures being taken for the welfare of the migrants and poor.
- This amount would be provided to the State Governments/UTs to place it at the disposal of the District Collectors/Municipal Commissioners for strengthening their efforts in providing accommodation facilities, making food arrangements, providing medical treatment and making transportation arrangements for the migrants. .
- Vaccine development:
- To support the COVID-19 vaccine designers and developers, an amount of Rs. 100 Crore will be given from PM CARES Fund as a helping hand to catalyse vaccine development, which will be utilized under the supervision of Principal Scientific Advisor.
Author: Himanshu Shukla
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