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Coronavirus pandemic | Government, SBI warn against fake UPI ID of PM CARES Fund

To help the government fight the coronavirus outbreak, Prime Minister Narendra Modi had appealed to the citizens to donate to the PM CARES Fund.

March 30, 2020 / 03:07 PM IST
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The central government and State Bank of India have warned citizens against a fake Unified Payments Service (UPI) ID created by scamsters for collecting money under PM CARES Fund.

To help the government fight the coronavirus outbreak, Prime Minister Narendra Modi had appealed to the citizens to donate to the PM CARES Fund.

Through the PIB FACT Check Twitter handle, the government clarified that pmcares@sbi is the correct ID, and requested donors to be careful.

Some SBI customers also raised the issue of the fake UPI ID.

The Delhi Police said the fake UPI ID was highlighted by twitter user @bishwesh0604 , Mint reported


COVID-19 Vaccine

Frequently Asked Questions

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How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

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Donations to the fund can also be made via debit and credit cards, net banking, and RTGS/NEFT.

India has so far recorded 1,071 cases of COVID-19, and 27 deaths, according to the health ministry.

Since March 28, the fund has seen large amounts of donations from several individuals and organisations. 

Follow our full coverage here

Moneycontrol News
first published: Mar 30, 2020 03:05 pm
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