New Delhi: The PM CARES Fund Trust on Wednesday decided to allocate Rs 3,100 crore for fight against COVID-19, the Prime Minister's Office said in a statement.
PM CARES Fund to allocate Rs 2000 crore for purchasing ventilators, 1000 cr for migrants
Narendra Modi
20:44 May 13
PM CARES Fund Trust allocates Rs. 3100 Crore for fight against COVID-19: Prime Minister's Office
Out of the Rs 3,100 crore, neatly Rs 2,000 crore will be earmarked for the purchase of ventilators and Rs 1,000 crore for care of migrant labourers, it said.
Another Rs 100 crore will be given to support coronavirus vaccine development, the statement said.
The trust formed on March 27 is headed by the prime minister. The other ex-officio members of the trust are the defence minister, the home minister and the finance minister.
Last Updated : May 14, 2020, 12:42 AM IST