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PM CARES Fund Trust allocates Rs. 3100 Crore for fight against COVID-19

PM CARES Fund Trust allocates Rs. 3100 Crore for fight against COVID-19

May 13, 2020, at 11:44 pm

New Delhi/IBNS: PM CARES (Prime Minister’s Citizen Assistance and Relief in Emergency Situations) Fund Trust on Wednesday decided to allocate Rs. 3100 Crore for the 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.