Chidambaram questions PM CARE Fund

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NEW DELHI: Veteran Congress leader P Chidambaram has questioned the PM-CARES Fund on Thursday, asking “who set up the fund, and in what capacity?”

“If the fund was not set up by the central government, why is the PM, and three ministers serving as Trustees? Who appointed them as Trustees?” questioned Chidambaram.

Chidambaram continued: “If the fund is a private established fund, why are donations to the Fund counted against CSR?”

“Who authorised MCA to make a retrospective amendment to the Schedule to the Companies Act inserting the name of PM-CARES Fund in the Schedule? Will MCA insert the names of other privately-established funds in the said Schedule to the Companies Act?” he asked.

The former minister said that the retrospective amendment is in favour of a privately established fund which is obviously an act of favouritism and discriminatory.

“It is abundantly clear that the BJP government is making desperate efforts to shield PM-CARES Fund from any kind of scrutiny,” he concluded.