Keeping in view the spread of COVID-19 in India, an appeal was made on 30 March 2020 to Managing Directors/CEOs of top 1000 companies in terms of market capitalization to generously contribute to Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund” (PM CARES Fund).

In the appeal, it was mentioned that such contribution might inter-alia, include the unspent CSR amount, if any, and an amount over and above the minimum prescribed CSR amount for FY 2019-20, which can later be offset against the CSR obligation arising in subsequent financial years. The said appeal was uploaded on the Ministry’s website and sent to e-mails of the aforementioned corporates on 30 March 2020.

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