Focus Merit

Tag: South Asian Association for Regional Cooperation(SAARC)

Trustees of PM CARES select SARC & Associates as auditor of the fund

June 17, 2020
PM Modi
  • Trustees of the PM CARES Fund have selected SARC & Associates as auditor of the fund. Its website pmcares.gov.in tells trustees of the fund, which is called Prime Minister’s Citizens Assistance and Relief in Emergency Situations (PM CARES) Fund, designated “SARC & Associates, Chartered Accountants, New Delhi, as the auditors” for three years.

SAARC alots $5 Million for COVID patients

April 9, 2020
saarc
  • South Asian Association for Regional Co-Operation(SAARC) has allocated $5 million for funding SAARC countries facing challenges like poverty, shortage of medical equipments, food supply to poor people, etc due to COVID-19.

Bangladesh, Nepal, Afghanistan vow $3.5 mn to SAARC COVID-19 Fund

March 23, 2020
COVID-19
  • Bangladesh and Nepal pledged to donate $1.5 million and $1 million respectively to the SAARC Corona Emergency Fund proposed by PM Narendra Modi with an opening offer of $10 million from India to tackle COVID-19 pandemic in the region.
  • India first declared to contribute $10 million to the fund and subsequently Nepal and Afghanistan promised $1 million each and the Maldives and Bhutan committed $200,000 and 100,000 respectively.

Sri Lanka vows 5 Million US dollars to COVID-19 SAARC emergency fund

March 23, 2020
Sri Lankan President Gotabaya Rajapaksa has pledged 5 Million US dollars to the COVID-19 emergency fund
  • Sri Lankan President Gotabaya Rajapaksa has vowed 5 Million US dollars to the COVID-19 emergency fund, set up by Prime Minister Narendra Modi during his video conferencing with SAARC leaders to fight COVID-19.
  • This is a fund for the SAARC countries to draw from to deal with problems related to COVID-19.