Why the "PM CARES" Fund is covered by iron curtains?

The nation is told that, the “PM CARES” Fund is created for fighting the COVID-19 pandemic. However, a lot of controversies are going on about this Fund. It is an alarming fact that, even the CAG has no power to audit the accounts of the PM CARES Fund. Further, no RTI question can be raised about the accounts of PM CARES Fund. It means the PM CARES Fund is completely covered by iron curtains and it’s dealings are highly secret. Why? 

It is an open secret that, the government has forced all the PSUs to donate money to the PM CARES Fund. According to the available information, 55 PSUs have been forced to contribute money to the PM CARES Fund. In this, the donations of 38 PSUs alone come to Rs.2,105 crores. The Central Ministers have used their official power to compel the PSUs to give donations to the PM CARES Fund. In BSNL also, one day pay was deducted from employees’ salaries for this Fund. Following are the details of donations given by some of the PSUs. 

1.   ONGC         – Rs.300 crore
2.   NTPC          – Rs.250 crore
3.   Indian Oil     – Rs.225 crore
4.   Power Grid  – Rs.200 crore
5.   Power Fin   – Rs.200 crore
6.   NMDC        – Rs.155 crore
7.   REC           – Rs.150 crore
8.   BPCL         – Rs.125 crore
9.   HPCL         – Rs.120 crore
10.   Coal India  – Rs.100 crore

The iron curtains of the PM CARES Fund only remind us the following proverb: -

" Power corrupts and 

absolute power corrupts absolutely".