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Why PM CARES Fund is not audited by CAG?
‘: Congress raises several questions over PM CARES Fund. PM -CARES Fund has been set up following the COVID-19 pandemic in India, to undertake and support relief or assistance of any kind.
Is PM Care Fund subject to audit?
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 PM relief fund be audited?
Q.7 Who audits the PMNRF? The PMNRF is audited by an independent auditor outside the Government. At present, Sarc & Associates, Chartered Accountants are the auditors.
Is NDRF audited by CAG?
His submission is that NDRF is audited by CAG, but PM CARES Fund is not audited by CAG rather by a private Chartered Accountant”. It said “the nature of NDRF and PM CARES Fund are entirely different.
Can PM CARES Fund be audited by CAG?
The Fund is audited by an independent auditor, not by the CAG. Although it does not seem to fulfil the conditions in the January order, PM CARES has been granted exemption from FCRA.
Is PM cares audited by CAG?
His submission is that NDRF is audited by CAG, but PM CARES Fund is not audited by CAG rather by a private Chartered Accountant”.
Is PM National Relief Fund 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). The PMO stated this while disposing of an RTI application filed by one Abhimanyu Shrivastav.
Will the C&AG audit the PM cares fund?
New Delhi: While the central government is accumulating a huge sum of money under PM CARES Fund as a corpus to fight COVID-19, the amount spent will not be audited by the office of the Comptroller and Auditor General (C&AG).
Who is the independent auditor appointed for PM cares?
The independent auditor SARC & Associates appointed for PM CARES is a firm headed by Sunil Kumar Gupta.
What is pm cares Fund and why is it being released?
The bench said “the contributions made by individuals and institutions in the PM CARES Fund are to be released for public purpose to fulfil the objective of the trust. The PM CARES Fund is a charitable trust registered under the Registration Act, 1908 at New Delhi on 27.03.2020.
Is pm cares a public authority under the RTI Act?
As pointed out above, the RTI application requesting documents of the PM CARES fund was rejected by the PMO on the grounds that “PM CARES is not a public authority under Sec 2 (h) of the RTI, Act”. Section 2 (h) defines “public authority” as: