PM CARES Fund Data Made Public: What We Know About Its ₹8,452 Cr Holdings

O
Outlook News Desk
Curated by: Shvetank Maurya
Updated on:
Published at:

PM CARES Fund balance rose 17.6% to Rs 8,452.95 crore in FY25, even as domestic donations fell and spending dropped sharply

The central govt established the fund in 2020 to address crises like the Covid-19 pandemic
The central govt established the fund in 2020 to address crises like the Covid-19 pandemic File Photo
Summary of this article
  • The fund’s receipts rose from ₹7,188.63 crore in FY24, with fixed deposits accounting for nearly 93% of its balance.

  • Domestic contributions fell to ₹479.05 crore, while spending dropped sharply to ₹87.85 lakh during FY25.

The PM CARES Fund saw its overall receipts reach ₹8,452.95 crore during the 2024-25 financial year, according to its most recent audit report. This marks a notable rise compared to the ₹7,188.63 crore collected in the prior fiscal period.

The central government established the fund in 2020 to address crises like the Covid-19 pandemic. 

Interest Drives Revenue Growth

By March 31, the fund's closing balance had reached ₹8,452 crore, largely driven by substantial investments in fixed deposits.

These bank deposits contained ₹7,846.65 crore, making up almost 93% of the total end-of-year funds.

Interest yields from these deposits stood at ₹469.38 crore, establishing it as the primary revenue source over the 12-month span.

Decline In Donations

Meanwhile, donations declined as per latest data. Contributions from within the country dropped to ₹479.05 crore in FY25, down from the ₹681.81 crore received in FY24.

Donations from abroad also dwindled, falling to ₹9.28 lakh compared to ₹11.35 lakh a year earlier.

The fund also heavily reduced its overall disbursements. It spent just ₹87.85 lakh in FY25, a steep decline from the ₹15.60 crore paid out during the preceding financial year.

Read all the latest breaking news on Outlook India and stay updated with top stories from India, Entertainment, Education, and around the world.

  • image
  • image
  • image
×