Ratan Tata made one of trustees of PM CARES Fund

Ratan Tata, former Supreme Court judge KT Thomas, and former deputy Lok Sabha speaker Kariya Munda have been nominated as trustees of the PM CARES Fund.

The announcement came a day after Prime Minister Narendra Modi chaired the board of trustees meeting.

Rajiv Mehrishi, Sudha Murthy, and Anand Shah have been nominated into the advisory board of the Fund.

The trustees acknowledged the contribution made by the fund during crucial times.

The PM CARES Fund was created as part of emergency relief measures during the Covid-19 pandemic that broke out in 2020.

The Prime Minister is the ex-officio chairperson and all contributions are fully exempt from income tax.

Source: HT