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Over half of India Inc's Covid-19 spends went to PM-CARES Fund: Crisil

Concerns about transparency have been expressed about the PM-CARES Fund

healthcare, PPE kits, corona, covid-19
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The Supreme Court had rejected a plea against the fund

Agencies
India Inc committed Rs 4,316 crore, accounting for over half of its total commitments for coronavirus relief, to the PM-CARES Fund, a report by rating agency Crisil said on Tuesday.
The commitments made to the newly-created Prime Minister's Citizen Assistance and Relief in Emergency Situations (PM-CARES) Fundby 113 top corporates are more than the Rs 3,221 crore allocated to other Covid-19 related relief work, Crisil Foundation said in a report on CSR during the pandemic.
Since its launch in late March after India went into a lockdown, concerns about transparency have been expressed about the PM-CARES Fund and questions raised about the

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