Congress on Tuesday alleged that the PM CARES Fund is shrouded in secrecy and demanded answers on why it has no transparency or accountability and is not subjected to any audit or RTI even though 60 per cent of its funds are received from public sector companies.
Congress spokesperson Abhishek Singhvi demanded more transparency and accountability in the Fund, which gets donations to the tune of Rs 5,000 crore, and said it should be submitted to Right to Information (RTI) and supported by legal sanctity.
He alleged that the Fund, which has received nearly 60 per cent of the funds from public sector undertakings with major government holding, is in violation of constitutional norms as the top office of the country is “collecting money” without any legal sanction.
“The controversies surrounding the PM CARES Fund prove that it was set up by a highly uncaring government, by an uncaring ruling party and prime minister. Sixty per cent of the total contribution to PM CARES comes from government-run and government-owned firms, including ONGC, NTPC, IOC. The ‘C’ in PM CARES stands for coercion, chaos, confusion and corruption,” Singhvi said.