PM CARES Fund only spent 0.1% of its FY 2024-25 donations

The PM CARES Fund spent only 0.1% of its 2024-25 donations, according to audited statements released on August 18, 2026. While the fund received nearly ₹480 crore, it kept most money idle. Anjali Bhardwaj of the NCPRI asked, “Why is the PM CARES Fund keeping such large sums of money idle?”