»PM-CARES Fund to Foot Over 80 Per Cent Cost of First Phase of Covid-19 Vaccination Drive 3-MIN READ PM-CARES Fund to Foot Over 80 Per Cent Cost of First Phase of Covid-19 Vaccination Drive A medic administers Covishield vaccine on a beneficiary, at Sola Civil Hospital in Ahmedabad, Tuesday. (PTI Photo) Expenditure Secretary TV Somanathan said the cost of vaccination of frontline and healthcare workers in the current fiscal is being borne fully by the Centre and the money is coming from PM CARES fund and Health Ministry. FOLLOW US ON: The PM-CARES fund, which has been set up to provide relief during the coronavirus pandemic, has contributed over Rs 2,200 crore for the first phase of vaccination drive, which is looking to inoculate frontline healthcare workers, the Expenditure Secretary said on Tuesday. Set up in March 2020, the exact collections made by the fund through voluntary contribution by individuals and corporates, are not known but the corpus managed by the PMO has been providing relief to pandemic-hit sectors.