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Home News News and Press Release Month 4 2020 2020 (4) This
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Institute of Chartered Accountants of India, Institute of Company Secretaries of India and Institute of Cost Accountants of India contribute ₹ 28.80 crore towards PM CARES Fund to combat COVID-19 outbreak

April 10, 2020
  • Contents

The Institute of Chartered Accountants of India, Institute of Company Secretaries of India and Institute of Cost Accountants of India, the three Professional Institutes under the Ministry of Corporate Affairs, have come forward to donate an amount of ₹ 28.80 crore to PM-CARES Fund for providing assistance to those impacted by the COVID-19 pandemic.

The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) was created on 28th March 2020 following the COVID-19 pandemic in India. This dedicated national fund has been set up with the primary objective of dealing with any kind of emergency or distress situation as posed by the COVID-19 pandemic, and to provide relief to the affected people.

(Rs. in crore)

S. No.

ORGANIZATION

CONTRIBUTION FROM INSTITUTE

MEMBERS/STAFF 

CONTRIBUTION 

TOTAL

1

The Institute of Chartered Accountants of India

15.00

6.00

21.00

2

Institute of Company Secretaries of India

5.00

0.25

5.25

3

Institute of Cost Accountants of India

2.50

0.05

2.55

Total

 

22.50

6.30

28.80

 

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