Now Reading: PM CARES Fund yet to release audited accounts for three years
-
01
PM CARES Fund yet to release audited accounts for three years
The PM CARES Fund has not made public its audited financial statements for the past three financial years, activist groups have pointed out. The fund remains outside the RTI Act, parliamentary scrutiny…
The Story in Brief
The PM CARES Fund has not made public its audited financial statements for the past three financial years, activist groups have pointed out. The fund remains outside the RTI Act, parliamentary scrutiny and audit by the Comptroller and Auditor General. In a letter to The Hindu, Tharcius S. Fernando of Chennai says anything associated with the Prime Minister, barring national security matters, should be transparent. He notes the government closely scrutinises NGOs receiving foreign contributions and cancels licences for accounting lapses. The same standards, he argues, must apply to this fund.
The Indian Opinion
The government's own track record shows it cancels NGO licences for minor accounting lapses. This double standard for a fund attached to the PM’s office is untenable. Trust in public institutions rests on equal treatment. The real test is not a press release but a CAG audit tabled in Parliament. If the Fund is truly clean, why the secrecy?
Source: thehindu.com
This story was synthesised by AI from the source linked above.
