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Ratan Tata joins PM Modi’s Team of Trustees for the PM CARES Fund

By CEO Review MagazineSeptember 22, 2022No Comments5 Mins Read
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Ratan Tata Joins Team of trustees for the PM CARES Fund

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  • PM Narendra Modi Announces New Trustees for the PM CARES fund, including Ratan Tata: Reports
    • Justice K.T. Thomas, Kariya Munda also appointed trustees of PM CARES Fund:

PM Narendra Modi Announces New Trustees for the PM CARES fund, including Ratan Tata: Reports

Prime Minister Narendra Modi lauds people for contributing wholeheartedly to the PM CARES Fund: Industrialist Ratan Tata appointed as one of the new trustees of the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund): Reports

Prime Minister Narendra Modi on Saturday lauded the people for contributing wholeheartedly to the PM CARES Fund and said that the fund has received an overwhelming response. He also announced that industrialist Ratan Tata has been appointed as one of the new trustees of the fund.

“I am happy to announce that we have got overwhelming response from people for the PM CARES Fund. I convey my heartfelt gratitude to all of you who have contributed to this fund,” Modi said in a tweet.

The Prime Minister’s Office (PMO) also announced that Tata has been appointed as one of the new trustees of the PM CARES fund. “Shri Ratan N. Tata has been appointed as one of the new trustees of the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund),” the PMO said in a tweet.

The other new trustees are Air Marshal Denzil Keelor, former navy chief Sunil Lanba and former secretary in the Ministry of Petroleum and Natural Gas M M Kutty. With this, the total number of trustees has gone up to seven.

The PM CARES fund was set up on March 28 by the Prime Minister to provide relief to those affected by the coronavirus pandemic. The fund has received donations from corporates, individuals and celebrities. Earlier this week, cricketer Virat Kohli had donated Rs 52 lakh to the fund. Bollywood actors Akshay Kumar and Salman Khan have also contributed to the fund.

Modi had also urged people to donate generously to the PM CARES fund and said that the money collected will be used for providing relief to those affected by the coronavirus pandemic. “I appeal to all citizens of India, rich or poor, to contribute generously to the PM CARES Fund. Your contribution will help us save lives,” he had said.

The Prime Minister’s Office (PMO) on Saturday announced that industrialist Ratan Tata has been appointed as one of the new trustees of the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund).

Industrialist Ratan Tata has been roped in as one of the new trustees of the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES), according to media reports.

The other new members on the Board of Trustees of the PM CARES fund are former Defence Secretary Sanjay Mitra and home secretary Ajay Bhalla, The Indian Express reported.

The move comes after the previous set of trustees — Home Minister Amit Shah, Defence Minister Rajnath Singh and Finance Minister Nirmala Sitharaman — resigned from their posts last week.

The PM CARES fund was set up in March this year to provide relief to those affected by the coronavirus pandemic. It has so far collected over Rs 11,000 crore from donations.

Also Read: Tata Group in Talks to Assemble iPhones in India

The charitable arm of the Tata group, the Ratan Tata Trust, has committed Rs 500 crore to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund). The move comes amid the coronavirus pandemic which has resulted in a nationwide lockdown.

The announcement was made by Tata Sons Chairman N Chandrasekaran on behalf of the Trust. The Trust has also urged other members of the Tata group to contribute to the PM CARES Fund.

“The COVID-19 pandemic is a national crisis and it is our duty to support the government in its efforts to contain the spread of the virus and provide relief to those who are impacted,” Chandrasekaran said in a statement.

“The Tata group has always been at the forefront of supporting the nation in times of need and this is yet another such occasion. We urge all members of the Tata family to contribute generously to the PM CARES Fund,” he added.

The Ratan Tata Trust is one of the largest philanthropic organisations in India. It was founded in 1919 by Ratan Tata’s grandfather, Jamsetji Tata.

The Trust has a wide range of initiatives across education, health, livelihoods, and natural resource conservation. Some of its notable projects include the Tata Institute of Fundamental Research, the Indian Institute of Science, and the Tata Memorial Hospital.

Justice K.T. Thomas, Kariya Munda also appointed trustees of PM CARES Fund:

The Prime Minister’s Office (PMO) on Sunday announced that Justice K.T. Thomas and Kariya Munda have been appointed as new trustees of the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund).

With the appointment of Justice Thomas and Kariya Munda, the total number of trustees has gone up to seven.

The other new members on the Board of Trustees of the PM CARES fund are former Defence Secretary Sanjay Mitra and home secretary Ajay Bhalla. Industrialist Ratan Tata has also been roped in as one of the new trustees of the PM CARES fund.

The government on Monday India will now have compulsory licensing for production of Remdesivir drug used in treatment of Covid-19 patients after its patent was revoked by the Delhi High Court.

The high court on Sunday ordered that Union of India is “perpetually restrained” from granting any fresh licence, including a compulsory licence, to any third party for manufacturing and selling Remdesivir in the country.

However, the order will not apply to two existing licencees — Hetero Labs and Cipla, the court said.

The high court order came on a plea by US-based Gilead Sciences challenging an Indian Patent Office’s decision to revoke its patent for Remdesivir.

(Content Source by: The Hindu)

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