Rs 3,100 Crore To Be Taken Out Of 'PM CARES Fund' For Migrant Workers, Vaccine Development, And Ventilators - Viral Bake

Rs 3,100 Crore To Be Taken Out Of ‘PM CARES Fund’ For Migrant Workers, Vaccine Development, And Ventilators

After heaps of donations flowed in the government finally made some allocation out of the PM CARES Fund. On Wednesday it was decided that Rs 3,100 crore would be taken out of the fund. The allocation was done by PM CARES Fund Trust.

The amount from the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM-CARES Fund) would be used in 3 major areas. The area being migrant care, vaccine development for COVID-19, and the purchase of ventilators. The per head divisions would be:

  • For purchase of ventilators: Rs 2,000 crore will be earmarked
  • For care of migrant labourers: Rs 1,000 crore 
  • For vaccine development: Rs 100 Crore

Out of the allocation for ventilators 50,000 “Made in India” ventilators would be purchased. This would be provided to government-run COVID-19 hospitals in all states and union territories. The amount for migrant care would be given to state governments and placed at the disposal of District Collectors or Municipal Commissioners. This would be used for providing food, shelter, medical treatment, and transport.

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State/UT-wise funds will be released on the weightage of (a) Population of the State/UT as per 2011 Census – 50%, weightage (b) Number of positive COVID-19 cases as on date – 40% weightage and (c) Equal share (10% weightage) for all states/UTs to ensure basic minimum sum for all states“, said the statement from the government.

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