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Ratan Tata, Sudha Murthy among new faces in PM CARES Fund

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New Delhi: Now the PM CARES Fund will boast of a larger association including eminent names from industries with the likes of TATA Sons chairman emeritus Ratan Tata among its trustees, and former Infosys Foundation chairperson Sudha Murthy among its advisors.

Former Supreme Court judge KT Thomas, and former deputy Lok Sabha Speaker Kariya Munda have also been nominated as trustees of the Fund, the government said in an official statement on Wednesday.

Prime Minister Narendra Modi has chaired a meeting of the Board of Trustees of the PM CARES Fund, the PMO said on Wednesday.

A presentation was made on the various initiatives undertaken with the help of PM CARES Fund, including the PM CARES for Children scheme which is supporting 4,345 children. Trustees appreciated the role played by the fund at a crucial time for the country.

Modi welcomed the Trustees for becoming an integral part of the PM CARES Fund. He also appreciated the people of the country for contributing wholeheartedly to PM CARES Fund.

It was discussed that PM CARES has a larger vision on effectively responding to emergency and distress situations, not only through relief assistance, but also taking mitigation measures and capacity building, the PMO said.

The Trust nominated some eminent persons for constitution of Advisory Board to PM CARES Fund which includes Sudha Murthy, Former Chairperson, Infosys Foundation, Rajiv Mehrishi, Former Comptroller and Auditor General of India; and Anand Shah, Co-founder of Teach for India and Former CEO of Indicorps and Piramal Foundation.

The meeting was attended by Trustees who are Union Home Minister and Union Finance Minister as also, the newly nominated trustees of the PM CARES Fund — Justice KT Thomas, Former Judge, Supreme Court; Kariya Munda, Former Deputy Speaker and Ratan Tata, Chairman Emeritus, Tata Sons.

Prime Minister said that participation of new Trustees and Advisors will provide wider perspectives to the functioning of the PM CARES Fund. Their vast experience of public life would impart further vigour in making the fund more responsive to various public needs, the PMO added.

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