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COVID-19: Ministry of Finanace, Financial Institutions, and PSUs contribute Rs 430 Crore to PM Cares Fund

Posted on 06 April 2020

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Officers & staff of Ministry of Finance , Financial Institutions and Public Sector Banks/Enterprises Contributes Rs 430 crore towards PM CARES Fund to combat COVID-19 outbreak

The Officers & staff of Ministry of Financeincluding the officials of financial institutions and Public Sector Banks/Enterprises under the Ministry have come forward to donate a day’s salary including under Corporate Social Responsibility (CSR) with anamount ofRs 430.13 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 28 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 detail of donations is given below: -

(Rs.in crores)

   

S.No.

Organisation

Estimated Salary contribution

CSR/Others

TOTAL contribution

1.

Department of Economic Affairs (DEA) employees

0.15

----

0.15

Security Printing & Minting Corporation of India Ltd. (SPMCIL)

1.19

4.00

5.19

Securities and Exchange Board of India (SEBI)

              0.50

----

0.50

2.

Department of Expenditure (DoE) employees

0.09

----

0.09

3.

DFS Employees

0.07

----

0.07

SBI Employees

100.00

100.00

UCO Bank

3.95

3.95

Indian Bank

7.75

7.75

Indian Overseas bank

5.25

5.25

Punjab & Sind Bank

1.83

1.83

Punjab National Bank

11.50

CSR 19-20

3.50

15.00

Bank of Baroda

20.00

20.00

Union Bank

14.81

14.81

Bank of Maharashtra

5.00

5.00

Canara Bank

15.00

15.00

Central Bank of India

6.00

6.00

Bank of India

7.00

CSR 19-20

3.00

10.00

IFCI & Subsidiaries

0.30

CSR 20-21

 0.30

0.60

IIFCL

0.00

CSR 19-20

25.00

25.00

National Housing Bank

0.04

CSR 19-20

2.50

2.54

EXIM Bank

0.46

CSR 19-20

0.54

1.00

SIDBI

1.00

CSR 19-20

1.50

15.00

CSR 20-21

0.50

Others

12.00

IDBI Bank

3.95

0.00

3.95

Life Insurance Co.

0.00

CSR 19-20

105.00

105.00

General Insurance Co.

0.00

CSR 19-20

22.81

22.81

Oriental Insurance Co. Ltd.

0.00

CSR 20-21

10.00

10.00

New India

0.00

CSR 19-20

5.00

5.00

United Insurance

0.00

CSR 19-20

2.00

2.00

National Insurance

0.00

CSR 20-21

2.00

2.00

AICL

0.00

CSR 19-20

0.14

0.14

 

4.

Department of Revenue (DoR) employees

              2.00

----------------    

23.00

----

2.00

----------------

23.00

CBIC employees

------

CBDT employees

----

5.

G.Total

228.84

201.79

430.63

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