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Does PM Cares fund get audited?

Posted on June 1, 2020 by Author

Does PM Cares fund get audited?

An affidavit filed by an Under Secretary at the Prime Minister’s Office (PMO) who is discharging his functions in the PM Cares Trust on honorary basis, has said the trust functions with transparency and its funds are audited by an auditor — a chartered accountant drawn from the panel prepared by the Comptroller and …

Does PMNRF comes under RTI?

The Prime Minister’s National Relief Fund (PMNRF) is not a ‘public authority’ within the meaning of Section 2(h) of the Right to Information Act 2005, said the Public Information Officer of the Prime Minister’s Office(PMO).

Who audits the PM cares fund?

PM CARES Fund is audited by an independent auditor. Trustees of the Fund during the 2nd meeting held on 23.04. 2020 decided to appoint M/s SARC & Associates, Chartered Accountants, New Delhi as the auditors of PM CARES Fund for 3 years.

Can PMPM cares fund be audited by CAG?

PM CARES fund can be audited by the CAG notwithstanding the fact that it is a Public Charitable Trust like PMNRF which was not allowed to be audited by the previous Governments, subject to approval of the parliament.

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Does pm cares require audit by the Comptroller & Auditor General?

The NDRF is a statutory fund created under the Disaster Management Act (DM Act). Does PM Cares require audit by the Comptroller & Auditor General of India (CAG)? Since it is a public charitable trust with voluntary donations and does not receive any government support, no CAG audit is required.

What is the role of CAG in the performance audit?

P.S: CAG conducts performance audits of PMNRF (Prime Minister National Relief Fund) and state CM relief funds.

Does pm cares Fund receive any budgetary support?

The trust does not receive any Budgetary support or any Government money. It is not open for the petitioner to question the wisdom of trustees to create PM CARES Fund which was constituted with an objective to extend assistance in the wake of public health emergency that is pandemic COVID-19 ”.

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