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Politics

PM CARES Fund Utilised Only 0.01% Of Rs 8,452 Cr Receipts

The PM CARES Fund had receipts of Rs 8,452 crore in 2024-25 but utilised only Rs 87 lakh (0.01%). Fixed deposits accounted for Rs 7,846 crore of the closing balance, earning Rs 469 crore in interest. Domestic donations declined to Rs 479 crore. Critics have questioned why such large funds remain idle.