#govt-funds

Two PM funds in India: what the 8,452 crore balance means

India operates two PM-led relief funds: PMNRF (established 1948) and PM CARES (established 2020). Latest audited PM CARES accounts show a year-end balance of ₹8,452.07 crore with low annual spending and significant fixed deposits, plus delayed disclosure. The two funds have different mandates for em