The PM-CARES Fund will also receive exemptions from the operation of all provisions of the FCRA Act and can now accept donations from individuals and organisations based in foreign countries through foreign credit/debit cards and through wire transfer/SWIFT. Receipts can be downloaded directly from the portal.
Sonia Gandhi, the current President of the Congress party has asked the Prime Minister to transfer all the funds received under PM CARES, that was set up to fight the Coronavirus pandemic, to the Prime Ministers National Relief Fund (PMNRF)
The PM-CARES will be headed by the prime minister, who will be the chairperson of the Trust. He will have the power to nominate three people to the board of trustees who shall be eminent persons in the field of research, health, science, social work, law, public administration and philanthropy.