Indians actually donated a lot of money from their salaries specially PSU sector workers but somehow the donated money is now a private fund.
For anyone interested read "PM cares fund"
For anyone interested read "PM cares fund"
1. According to article some government organizations deducted percentage of salary towards this fund by default. After some protests this default was reversed.
2. This fund is exempt from audit because it’s not a “public fund”. Can someone throw some light on what this actually means? I’m referencing “Accountability and transparency” part of the article.
3. Part of this fund was used to buy ventilators manufactured by a local(Indian) company. Some hospitals returned these ventilators because of quality issues. Source - https://m.huffingtonpost.in/entry/agva-ventilators-pmcares-c...
As we speak, the banner for PM Care fund can still be seen on the bank login page of Public Banks.
What I am curious about is how much do they donate for causes like help during natural disasters, covid epidemic and things like that. They might well be doing that, but I dont know where to look for these numbers.
They are of course not obligated to donate, but given how they are the first to question the patriotism of others, I am curious about how do they roll with their own cash.
Related to money laundering infrastructure there is this too
[Demonetization in India: Superfluous discovery and money laundering]
https://link.springer.com/article/10.1007%2Fs11138-019-00465...