PM CARES Fund Interest Draws Scrutiny Amid Disaster Deaths

PM CARES is a fund that received money from donors in India and other countries.

By 31 March 2025, it had Rs 8,452.06 crore in its accounts.

Much of this money, more than Rs 7,846.65 crore, was kept in fixed deposits.

Fixed deposits earn interest over time.

The fund earned Rs 469.37 crore from those deposits.

It also earned Rs 5.77 crore from savings accounts.

Altogether, its interest income was Rs 475.14 crore.

The article questions how the fund’s money was being used during a year when more than 3,000 people died in natural disasters.