Published 20:50 IST, March 29th 2020

Adani Foundation pledges Rs 100 crore for the PM CARES fund amid COVID-19 outbreak

 Adani Group Chairman Gautam Adani announced that he was humbled to contribute Rs 100 crore for the PM CARE Fund set up to fight the COVID-19 pandemic.

Reported by: Ananya Varma
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ani Group Chairman Gautam ani anunced that he was humbled to contribute Rs 100 crore for  Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund kwn as PM CARE fund set up to fight against COVID-19 pandemic that has hit country. ani Foundation Chairman also revealed that group would furr contribute resources to support Government and fellow citizens as well. 

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PM CARES Donation Fund

With India battling Coronavirus pandemic which has ensnared globe in a vice-like grip, Prime Minister Narendra Modi has set up a charitable trust where citizens, corporates, organisations and just about anyone else can contribute funds towards relief effort. 

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fund is called  Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund, and is being called PM CARES Fund. PM is Chairman of this trust, with Defence Minister, Finance Minister and Home Minister or members.

re are a number of ways to donate to fund, one of which is via a bank transfer, and donations will be exempted from income tax under section 80(G). As per PM Modi, fund will also cater to or distressing situations, if y occur in times ahe.  

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20:39 IST, March 29th 2020