PM CARES Fund Corpus Rises to Record ₹8,452 Crore in 2024-25

The PM CARES Fund's money went up during 2024-25. The fund had ₹8,452 crore at the end of the year, compared with ₹7,173 crore a year before, as per news reports. 

₹6,641 crore in FD 

Around ₹6,641 crore of the PM CARES Fund was kept in fixed deposits during 2024-25. 

These fixed deposits earned around ₹475 crore in interest during the year. This gave the fund additional income from the money it already had. 

The money does not have to be used immediately, so keeping it in fixed deposits allows the fund to earn interest while keeping the amount as part of its overall corpus. 

The PM CARES Fund has got ₹475 crore by domestic donations during 2024-25. 

Money Kept Ready for Emergencies 

The PM CARES Fund can be used when the government needs money to deal with a crisis or emergency. 

With ₹8,452 crore in the corpus, the fund now has a larger reserve. At the same time, the ₹6,641 crore kept in fixed deposits earned interest during the year. 

Read More: Government Approves 31 Electronics Component Projects Worth ₹7,877 Crore Across 10 States! 

Conclusion 

The PM CARES Fund's corpus increased by ₹1,279 crore in 2024-25 and at the same time ₹6,641 crore was kept in the form of fixed deposits, which has generated about ₹475 crore in interest during the year. 

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