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

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PM CARES (Prime Minister’s Citizen Assistance and Relief in Emergency Situations) Fund Trust on Wednesday allocated 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 the care of migrant labourers and Rs 100 crores will be given to support vaccine development.

The trust formed on March 27 and is headed by Prime Minister. While announcing this package, the Prime Minister has thanked all the donors for their generosity in contributing to the PM CARES Fund which will support India’s fight against COVID-19

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a) 50,000 Ventilators

For augmenting the infrastructure to tackle COVID-19 cases across the country,50000‘Made-in-India’ ventilators will be purchased from PM CARES Fund at a cost of approximately Rs. 2000 Crores. These ventilators will be provided to government-run COVID hospitals in all States/UTs, for better treatment of the critical COVID-19 cases.

b) Relief Measures for Migrants

For strengthening the existing measures being taken for the welfare of the migrants and poor, the states/UTs will be given a lump sum assistance of total Rs 1000 crore from PM CARES Fund.

This amount would be provided to the State Governments/UTs to place it at the disposal of the District Collectors/Municipal Commissioners for strengthening their efforts in providing accommodation facilities, making food arrangements, providing medical treatment and making transportation arrangements of the migrants.

c) Vaccine Development

To support the COVID-19 vaccine designers and developers, an amount of Rs 100 crore will be given from PM CARES Fund as a helping hand to catalyse vaccine development, which will be utilized under the supervision of Principal Scientific Advisor.

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