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PM CARES Fund Trust Allocates Rs 20 Billion for 50K ”Made in India” Ventilators

The PM CARES Fund Trust has allocated Rs 2,000 crore for the supply of 50,000 ”Made in India” ventilators to the government run COVID-19 hospitals in all states and Union Territories (UTs).

Of the total ventilators, 30,000 are being manufactured by the Bharat Electronics Limited. The remaining 20,000 ventilators are being manufactured by the AgVa Healthcare (10,000), AMTZ Basic (5,650), AMTZ High End (4,000) and Allied Medical (350), the Prime Minister”s Office (PMO) said in a statement.

So far 2,923 ventilators have been manufactured, out of which 1,340 have already been delivered to the states and UTs.

The prominent recipients include Maharashtra (275), Delhi (275), Gujarat (175), Bihar (100), Karnataka (90), Rajasthan (75). By the end of June 2020, the PMO said, additional 14,000 ventilators will be delivered to all states and UTs.

Further a sum of Rs 1,000 crore has already been released to states and UTs for the welfare of the migrant labourers. The distribution of the fund is based on the formula of 50 per cent weightage for the population as per 2011 census, 40 per cent weightage for number of positive COVID-19 cases and 10 per cent for equal distribution among all the states and UTs. This assistance is to be used for arranging accommodation, food, medical treatment and transportation of the migrants, the PMO said.

The main recipients of the grant are Maharashtra (181 crore), Uttar Pradesh (103 crore), Tamil Nadu (83 crore), Gujarat (66 crore), Delhi (55 crore), West Bengal (53 crore), Bihar (51 crore), Madhya Pradesh (50 crore), Rajasthan (50 crore) and Karnataka (34 crore).

The Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) trust was established amid the COVID-19 pandemic crisis to help affected people in any kind of emergency. This is a public charitable trust. Prime Minister is the ex-officio Chairman of the PM CARES Fund and Minister of Defence, Minister of Home Affairs and Minister of Finance, Government of India are ex-officio Trustees of the Fund.

Arushi Sana
Arushi Sanahttps://nykdaily.com
Arushi Sana is the Co-Founder of Santerra Living, a bio-pellet factory that makes a renewable form of eco-coal and Co-Founder of NYK Daily, a global news platform. She was awarded the Times Power Women of the Year 2022, Times Digital Entrepreneur of the Year 2023, Silicon India's Top 10 Women Owned Startups of Hyderabad 2023 and IHW Council Climate Health Influencer 2024. Arushi is also a speaker for Sustainability and Entrepreneurship at various forms like the World Bank, UN International Solar Alliance and Universities, and was also invited to the UN COP28 UAE Climate Conference. She is a Sustainability Consultant for organisations looking to reduce their carbon footprint and also works with brands on social media to help them carve a presence in that niche. She holds a Degree in Computer Science Engineering from VIT University and a Diploma in Marketing Analytics from IIM Nagpur. She has previously worked in Ernst & Young and Deloitte as a Forensic Data Analyst. Arushi is a writer, political researcher, a social worker, a farmer and a singer with an interest in languages. Travel and nature are the biggest spiritual getaways for her, and she aims to develop a global community of knowledge and journalism par excellence through this News Platform.
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