PM Cares Children Scheme beneficiaries come down from 3694 to 12 in four years
1 week, 1 day ago

PM Cares Children Scheme beneficiaries come down from 3694 to 12 in four years

Deccan Chronicle  

Chennai: The PM CARES Fund with a closing balance of Rs 6283 crore as per the data updated by the government till FY23, disbursed Rs 439 crore in the year, of which a major chunk of Rs 346 crore was moved into PM CARES for Children scheme. Under the PM CARES for Children Scheme, a pro-rata amount is credited in the post office account of each identified child in such a manner that the corpus for each child becomes Rs 10 lakh at the time of attaining 18 years of age. The government has disbursed Rs 358.11 crore to the individual post office account of each beneficiary child till date, the government informed Rajya Sabha. The scheme received Rs 346 crore in FY23 from the PM CARES fund, which had disbursed a total of Rs 439 crore in the year.

History of this topic

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