Indian Industry Stands with the Government in Fight Against Corona Virus
Amidst the outbreak of COVID-19 Indian industry and other government bodies have come forward to help fight alongside the Indian Government against the Pandemic. Industry and Government bodies have contributed graciously for this cause.
One of India’s oldest philanthropic organizations Tata Trusts and Tata Sons have combined made a contribution of Rs 1,500 crore to support the fight against the pandemic.
Reliance Industries announced a donation of Rs 500 crore to PM-CARES Fund yesterday, initially it had made a contribution of Rs 5 crore to Maharashtra CM relief fund. RIL has also setup India’s first COVID-19 hospital in Mumbai. Plus it is contributing 1 lakh masks per day, free fuel for emergency vehicles carrying coronavirus patients and fee meals to people.
JSW Group has committed to extend financial assistance of Rs 100 crore to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES Fund) for the cause.
Vedanta group has announced a contribution of Rs 100 crore to the relief fund.
Infrastructure conglomerate Adani Group has also announced Rs 100 crore contribution to the Prime Minister’s Fund to fight Corona Virus outbreak.
Kotak Mahindra Bank, an Indian private sector bank has also announced to donate Rs 60 crore to fight the novel Corona Virus crisis in the country. It shall donate Rs 25 crore to PM Cares Fund and Rs 10 crore to Maharashtra Chief Minister’s Relief Fund.
FMCG Major ITC Ltd. has set up a fund of Rs 150 crore to fight for the cause.
Paytm, digital payments and financial services platform has contributed Rs 500 crore to the PM-CARES Fund. The company has further announced that for any contribution or payment made on Paytm platform using its wallet, UPI or Paytm Bank debit card, the company will contribute an extra up to Rs 10.
The Indian Army, Navy and Air Force along with the Defence Ministry of have decided to donate one day’s salary to the PM relief fund, which shall be a sum of around Rs 500 crore.
Power Finance Corporation Ltd., an Indian financial institution pledged to contribute Rs 200 crore to Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES Fund) to support the battle against COVID-19. Also, its employees will contribute a day’s salary to the fund for fight against the disease.
Rural Electrification Corporation Limited, a public Infrastructure Finance Company contributed Rs 150 crore to PM CARES Fund.
Bharti Enterprises, Ahmedebad-based Torrent Group, Infosys Foundation have committed to contribute Rs 100 crore each to support India’s fight against COVID-19.
India’s cricket board (BCCI) has also announced a contribution of Rs 51 crore towards the fight against the cause.
Jindal Steel and Power is making contribution of Rs 25 crores to PM Cares Fund.
Smartphone Manufacturer OPPO Mobiles have contributed Rs 1 crore towards the Prime Minister’s National relief fund and Uttar Pradesh Chief Minister’s Distress Relief Fund.
Mahindra Group has offered its resorts to be utilized as temporary care facilities and also announced plans to manufacture ventilators.
The Sajjan Jindal-led group will provide equipment to healthcare workers and its employees will donate one day’s salary further to strengthen the nation’s fight against the disease.
In fight against COVID-19, DCM Shriram and Jubilant Life Sciences have decided to repurpose their manufacturing facilities in order to provide disinfectants and hand-sanitizer to the authorities and people of India.