COVID-19: PM-CARES Fund Trust allocates Rs 3100 crore for ventilators, migrants

COVID-19: PM-CARES Fund Trust allocates Rs 3100 crore for ventilators, migrants

PM CARES Fund Trust allocated Rs 3100 Crore for purchasing ventilators, for the welfare of the migrants and to support the COVID-19 vaccine designers

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PM CARES (Prime Minister’s Citizen Assistance and Relief in Emergency Situations) Fund Trust today 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. 

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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 coronavirus cases.

For strengthening the existing measures being taken for the welfare of the migrants and poor, the states/UTs will be given a lumpsum 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. State/ UT-wise funds will be released on the weightage of (a) Population of the State/ UT as per 2011 Census – 50 percent, weightage (b) Number of positive coronavirus cases as on date – 40 percent weightage and (c) Equal share (10 percent weightage) for all states/ UTs to ensure basic minimum sum for all states. The fund will be released to the District Collector/ District Magistrate/ Municipal Commissioner through the State Disaster Relief Commissioner of the States/ UTs concerned.

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Moreover, to support the vaccine designers and developers, an amount of Rs 100 Crore will be given from PM CARES Fund as a helping hand to catalyze vaccine development, which will be utilized under the supervision of Principal Scientific Advisor.

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Edited By: Admin
Published On: May 14, 2020