Ratan Tata, two others appointed as trustees of PM CARES Fund

Ratan Tata, two others appointed as trustees of PM CARES Fund

Daily Current Affairs   /   Ratan Tata, two others appointed as trustees of PM CARES Fund

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Category : National Published on: September 23 2022

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  • The Centre on Wednesday appointed Tata Sons chairman emeritus Ratan Tata and two others as the trustees of the PM CARES Fund. 
  • Two other members are former Supreme Court judge KT Thomas and former Deputy Speaker Kariya Munda. 
  • The government also decided to nominate three eminent persons for the constitution of the advisory board to the PM CARES Fund. 
  • Among those nominated for the board are former CAG Rajiv Mehrishi, former Infosys Foundation chairperson Sudha Murthy, and Anand Shah, former CEO of Indicorps and Piramal Foundation.
  • The decision was announced a day after Prime Minister Narendra Modi chaired a meeting of the Board of Trustees of the PM CARES Fund.
  • PM CARES, a public charitable trust, was set up keeping in mind the need for having a dedicated fund with the primary objective of dealing with any kind of emergency or distress situation and providing relief to the affected. 
  • The Prime Minister is the ex-officio chairman of the PM CARES Fund.
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