PM CARES Fund Corpus Rises To ₹8,452 Crore; Spending Falls To ₹87.85 Lakh
The PM CARES Fund’s corpus rose to a record Rs 8,452.07 crore as of March 31, 2025, according to its latest audited receipts and payments accounts. The accounts for 2023-24 and 2024-25 were made public on the fund’s website around August 17, 2026. The corpus stood at around Rs 7,173 crore at the end of 2023-24, marking an increase of nearly Rs 1,279 crore. Nearly 93% Of Corpus In Fixed Deposits…
As of March 31, 2025, the PM CARES Fund's corpus reached a record high of ₹8,452.07 crore, according to the fund's latest audited financial statements. The corpus had increased to around ₹7,173 crore by the end of 2023-24 from approximately ₹7,173 crore at the end of 2023-24. Roughly 93% of the corpus was held in fixed deposits with scheduled banks, while the remaining was in savings accounts.
The fund earned substantial interest income from these fixed deposits, which now constitutes a significant portion of its income. However, domestic voluntary donations declined by about 30% from ₹682 crore in the previous financial year to ₹479 crore in 2024-25, as did foreign donations. Despite the drop in donations, the fund's balance grew due to interest income and refunds received from implementing agencies.
The expenditure for 2024-25 remained relatively low, with only ₹87.85 lakh spent, primarily on the PM CARES for Children Scheme and minimal bank and SMS charges. The fund was established in March 2020 during the COVID-19 pandemic to provide assistance during emergencies and distress situations, and since its inception, it has received around ₹14,767 crore in cumulative donations while spending approximately ₹8,133 crore up to 2024-25.
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