PM CARES Fund: 38 PSUs Donated 2,105 Crores

After a controversial statement was released from the Prime Minister’s Office, saying,  “PM Cares Fund is not a public authority under the ambit of Section 2(h) of the RTI Act. However, relevant information in respect of PM CARES Fund may be seen on the website pmcares.gov.in.”

The website refused to provide details about the contributor, stating, “No information can be provided to you in this matter.”

However, replies sent by the PSUs show that in many cases, they donated from their unused allocation for Corporate Social Responsibility (CSR) activities for 2019-2020 to the PM Cares Fund.

Among the 38 who donated to the PM Cares Fund, the Oil and Natural Gas Corporation (ONGC) was the top donor with Rs 300 crore.

The Power Finance Corporation contributed more than its total CSR allocation for 2020-21. Despite its CSR fund allocated for the year being Rs 150.28 crore, its contribution for 2020-21 was Rs 200 crore.

OIL India Limited said it contributed Rs 13 crore and Rs 25 crore, respectively, and Power Grid Corporation Rs 130 crore and Rs 70 crore. 

Rural Electrification Corporation has contributed a total of  Rs 100 crore from its 2019-20 allocation of Rs 156.68 crore and Rs 50 crore from its 2020-21 “estimated” allocation of Rs 152 crore. 

Airports Authority of India (AAI) has also contributed Rs 15 crore out of its allocation of Rs 83.79 crore for 2019-20.

An amount of Rs 33 crore has been allocated by SAIL “towards ongoing CSR activities” as “net profit of the last three years has been nil.”