Active Stocks
Thu Mar 28 2024 15:19:25
  1. Tata Steel share price
  2. 155.75 1.90%
  1. ICICI Bank share price
  2. 1,091.10 0.65%
  1. HDFC Bank share price
  2. 1,446.15 0.38%
  1. ITC share price
  2. 429.05 0.25%
  1. Power Grid Corporation Of India share price
  2. 275.85 1.77%
Business News/ News / India/  Supreme Court refuses to direct transfer of contributions made to PM CARES to NDRF
BackBack

Supreme Court refuses to direct transfer of contributions made to PM CARES to NDRF

The Centre had on March 28 set up the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund
  • The prime minister is the ex-officio chairman of the fund and the ministers of defence, home and finance are its ex-officio trustees
  • The Supreme Court of India. (Ramesh Pathania/Mint)Premium
    The Supreme Court of India. (Ramesh Pathania/Mint)

    The Supreme Court on Tuesday refused to direct the Centre to transfer the contributions made to the PM CARES Fund for fighting the COVID-19 pandemic to the National Disaster Response Fund (NDRF).

    A bench headed by Justice Ashok Bhushan and comprising justices R S Reddy and M R Shah said that voluntary contribution can always be made to the NDRF as there is no statutory bar under the Disaster Management Act.

    The verdict came on a PIL, filed by NGO 'Centre for Public Interest Litigation, seeking a direction that all the money collected under the PM CARES Fund for the COVID-19 pandemic should be transferred to the NDRF.

    The Centre had on March 28 set up the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund with the primary objective to deal with any kind of emergency situation like the one currently posed by the COVID-19 outbreak and provide relief to those affected.

    The prime minister is the ex-officio chairman of the fund and the ministers of defence, home and finance are its ex-officio trustees.

    Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

    Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
    More Less
    Published: 18 Aug 2020, 12:09 PM IST
    Next Story footLogo
    Recommended For You
    Switch to the Mint app for fast and personalized news - Get App