SME Times News Bureau | 03 Apr, 2020
The Central Public Sector Centre Enterprises (CPSEs) under the Ministry
of Power and the Ministry of New & Renewable Energy have decided to
contribute Rs 925 crore to the Prime Minister's Citizen Assistance and
Relief in Emergency Situations Fund (PM-CARES Fund), which has been
created by the Prime Ministers Office to provide relief to the needy
people in the wake of the coronavirus (Covid-19) outbreak in the
country.
"We feel honoured to share that the PSUs under the
Ministries of Power and MNRE have decided to contribute Rs 925 crore to
the PM-CARES Fund with Rs 445 crore being deposited on March 31 and the
remaining in the first week of April," Power Minister R.K. Singh said.
The
amount of Rs 925 crore includes contribution of Rs 905 crore from PSUs
under the Ministry of Power and Rs 20 crore from PSUs under the MNRE.
Most
of the contributions from the PSUs have come from their CSR budget
while their employees have also contributed from their salaries.