Banking & FinanceCOVID-19FinanceFinanceInFocusNews

ICAI, ICSI and Institute of Cost Accountants of India Contributes Rs 28.80 Crore to PM CARES Fund

Sharing is caring!

The Institute of Chartered Accountants of India, Institute of Company Secretaries of India and Institute of Cost Accountants of India, the three Professional Institutes under the Ministry of Corporate Affairs, have come forward to donate an amount of Rs 28.80 crore to PM-CARES Fund for providing assistance to those impacted by the COVID-19 pandemic.

The Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) was created on 28th March 2020 following the COVID-19 pandemic in India. This dedicated national fund has been set up with the primary objective of dealing with any kind of emergency or distress situation as posed by the COVID-19 pandemic, and to provide relief to the affected people.

The details of donations are as below: –

(Rs. in crore)

1The Institute of Chartered Accountants of India15.006.00 21.00
2Institute of Company Secretaries of India5.000.25   5.25
3Institute of Cost Accountants of India2.500.05   2.55
Total 22.506.3028.80

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: