PM Cares fund
By NewsByts Team
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Bihar, COVID 19 News, FightagainstCorona, India, , , ,

PM-Cares Fund to allocate funds for establishment of 500-bed COVID-19 hospitals in Bihar

As the central government aims to expand COVID-19 dedicated hospitals in the country to ensure quick check up of patients, the PM-CARES Fund Trust has fund for the establishment of 500 bed COVID-19 makeshift Hospitals at Patna & Muzaffarpur. Taking to Twitter, the Prime Minister Office (PMO) said, ''PM-CARES Fund Trust has decided to allocate funds for fight against COVID-19 by way of establishment of 500-bed COVID-19 Makeshift Hospitals at Patna & Muzaffarpur, Bihar by DRDO. This will go a long way in improving COVID care in…
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By NewsByts Team
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COVID 19 News, FightagainstCorona, India, , ,

Companies Act amended, contributions to PM CARES Fund to be considered as CSR

The Ministry of Corporate Affairs has issued a notification that contributions to the PM CARES Fund will be considered as part of Corporate Social Responsibility (CSR) of companies.  “In Schedule VII, item (viii), after the words "Prime Minister's National Relief Fund", the words - or Prime Minister's Citzen Assistance and Relief in Emergency Situations Fund (PM CARES Fund shall be inserted” a Corporate Affairs notification dated May 26 said. This notification shall be deemed to have come into force on 28, March, 2020, it added. Prior to…
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