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Officers & staff of Ministry of Finance , Financial Institutions and Public Sector Banks/Enterprises Contributes Rs 430 crore towards PM CARES Fund to combat COVID-19 outbreak

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New Delhi: The Officers & staff of Ministry of Finance including the officials of financial institutions and Public Sector Banks/Enterprises under the Ministry have come forward to donate a day’s salary including under Corporate Social Responsibility (CSR) with an amount of Rs 430.13 crore to PM-CARES Fund  for providing assistance to those impacted by the COVID-19 pandemic.

The Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) was created on 28 March 2020 following the COVID-19 pandemic in India. This dedicated national fund has been set up with the primary objective of dealing with any kind of emergency or distress situation as posed by the COVID-19 pandemic, and to provide relief to the affected people

The detail of donations is given below: –

(Rs.in crores)

S.No. Organisation Estimated Salary contribution CSR/Others TOTAL contribution
1. Department of Economic Affairs (DEA) employees 0.15 —- 0.15
Security Printing & Minting Corporation of India Ltd. (SPMCIL) 1.19 4.00 5.19
Securities and Exchange Board of India (SEBI)               0.50 —- 0.50
2. Department of Expenditure (DoE) employees 0.09 —- 0.09
3. DFS Employees 0.07 —- 0.07
SBI Employees 100.00 100.00
UCO Bank 3.95 3.95
Indian Bank 7.75 7.75
Indian Overseas bank 5.25 5.25
Punjab & Sind Bank 1.83 1.83
Punjab National Bank 11.50 CSR 19-20 3.50 15.00
Bank of Baroda 20.00 20.00
Union Bank 14.81 14.81
Bank of Maharashtra 5.00 5.00
Canara Bank 15.00 15.00
Central Bank of India 6.00 6.00
Bank of India 7.00 CSR 19-20 3.00 10.00
IFCI & Subsidiaries 0.30 CSR 20-21  0.30 0.60
IIFCL 0.00 CSR 19-20 25.00 25.00
National Housing Bank 0.04 CSR 19-20 2.50 2.54
EXIM Bank 0.46 CSR 19-20 0.54 1.00
SIDBI 1.00 CSR 19-20 1.50 15.00
CSR 20-21 0.50
Others 12.00
IDBI Bank 3.95 0.00 3.95
Life Insurance Co. 0.00 CSR 19-20 105.00 105.00
General Insurance Co. 0.00 CSR 19-20 22.81 22.81
Oriental Insurance Co. Ltd. 0.00 CSR 20-21 10.00 10.00
New India 0.00 CSR 19-20 5.00 5.00
United Insurance 0.00 CSR 19-20 2.00 2.00
National Insurance 0.00 CSR 20-21 2.00 2.00
AICL 0.00 CSR 19-20 0.14 0.14
4. Department of Revenue (DoR) employees               2.00

—————-

23.00

—- 2.00

—————-

23.00

CBIC employees ——
CBDT employees —-

5.

G.Total

228.84

201.79

430.63

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