PM CARES Fund Audit Report 2024-25: Receipts, Balance, Donations & Expenditure

PM CARES Fund Audit Report 2024-25: Receipts, Balance, Donations & Expenditure

The latest audited financial information of the PM CARES Fund for the financial year 2024-25 has been made publicly available on the official PM CARES website.

According to the audited accounts, the PM CARES Fund had a closing balance of approximately ₹8,452.07 crore as on 31 March 2025.

What Is the PM CARES Fund?

PM CARES stands for Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund.

According to the official PM CARES website, the fund was established as a public charitable trust for dealing with public health emergencies and other emergency, calamity or distress situations.

The trust deed was registered in New Delhi on 27 March 2020 under the Registration Act, 1908.

PM CARES Fund Audit Report 2024-25

The audited accounts for 2024-25 provide information about the fund's opening balance, contributions, interest income, refunds, payments and closing balance.

Financial Year	2024-25
Opening Balance	₹7,173.03 crore
Closing Balance	₹8,452.07 crore
Fixed Deposits at Year End	₹7,846.65 crore
Savings Bank Balance at Year End	₹605.41 crore
Domestic Donations	₹479.05 crore
Foreign Donations	₹92.83 lakh
Interest on Fixed Deposits	₹469.38 crore
Total Payments	₹87.85 lakh

PM CARES Fund Closing Balance

The audited accounts show a closing balance of ₹8,452.07 crore at the end of the financial year 2024-25.

At the beginning of the financial year, the fund had an opening balance of approximately ₹7,173.03 crore.

At the end of the year, ₹7,846.65 crore was held in fixed deposits and ₹605.41 crore was held in savings-bank accounts.

Domestic Donations to PM CARES Fund

Domestic donations recorded during 2024-25 were approximately ₹479.05 crore.

The corresponding figure reported for 2023-24 was approximately ₹681.81 crore.

The audited figures therefore show a decline in domestic donations between the two financial years.

Foreign Donations

Foreign donations during 2024-25 were approximately ₹92.83 lakh.

The corresponding figure for 2023-24 was approximately ₹1.14 crore.

The audited figures show that foreign contributions were also lower in 2024-25 than in the previous financial year.

Interest Income from Fixed Deposits

The PM CARES Fund earned approximately ₹469.38 crore as interest on fixed deposits during 2024-25.

The audited accounts also reported interest income from savings-bank accounts.

Refunds Received by the Fund

During 2024-25, the fund received approximately ₹324.66 crore as refunds from implementing agencies.

The audited figures also record approximately ₹13.49 lakh as refund of tax deducted at source on interest from fixed deposits.

PM CARES Fund Expenditure 2024-25

Total payments recorded by the fund during 2024-25 were approximately ₹87.85 lakh.

Of this amount, approximately ₹87.84 lakh was recorded towards the PM CARES for Children Scheme.

The accounts also recorded a small amount towards bank and SMS charges.

PM CARES Fund: 2023-24 and 2024-25 Comparison

Particular	2023-24	2024-25
Opening Balance	₹7,173.03 crore	₹7,173.03 crore
Domestic Donations	₹681.81 crore	₹479.05 crore
Foreign Donations	₹1.14 crore	₹92.83 lakh
Closing Balance	₹7,173.03 crore	₹8,452.07 crore
Total Payments	₹15.60 crore	₹87.85 lakh

PM CARES Fund Audit: Key Facts

• PM CARES Fund is registered as a public charitable trust.
• The trust deed was registered on 27 March 2020.
• The 2024-25 closing balance was ₹8,452.07 crore.
• ₹7,846.65 crore was held in fixed deposits at year-end.
• ₹605.41 crore was held in savings-bank accounts at year-end.
• Domestic donations were ₹479.05 crore.
• Foreign donations were ₹92.83 lakh.
• Interest from fixed deposits was ₹469.38 crore.
• Refunds from implementing agencies were ₹324.66 crore.
• Total payments during 2024-25 were ₹87.85 lakh.
• ₹87.84 lakh of the payments related to the PM CARES for Children Scheme.

Conclusion

The PM CARES Fund audit report for 2024-25 records a closing balance of ₹8,452.07 crore. The audited figures show the amount held in fixed deposits and savings-bank accounts, donations received during the year, interest income, refunds and payments.

The figures also show that domestic and foreign donations were lower in 2024-25 than in the previous financial year, while interest from fixed deposits and refunds formed significant parts of the receipts recorded during the year.

The total payments recorded during 2024-25 were ₹87.85 lakh, including ₹87.84 lakh towards the PM CARES for Children Scheme.

This article presents the financial figures and information reported in the audited accounts without adding political interpretation or conclusions beyond the reported data.

Disclaimer: This article is prepared for informational purposes. Figures should be checked against the latest audited accounts published by the PM CARES Fund. This article does not express a political opinion or make any allegation about the fund.

Frequently Asked Questions

What is the PM CARES Fund?

PM CARES stands for Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund. It is registered as a public charitable trust.

What was the PM CARES Fund balance in 2024-25?

The closing balance reported for 31 March 2025 was approximately ₹8,452.07 crore.

How much was held in fixed deposits?

At the end of 2024-25, approximately ₹7,846.65 crore was held in fixed deposits.

How much domestic donation did PM CARES receive in 2024-25?

Domestic donations were approximately ₹479.05 crore.

How much did PM CARES spend in 2024-25?

Total payments recorded during 2024-25 were approximately ₹87.85 lakh.

How much interest did PM CARES earn from fixed deposits?

The fund earned approximately ₹469.38 crore in interest from fixed deposits during 2024-25.