Coronavirus Impact: Bajaj Group allocates Rs 100 crore against Coronavirus
Pune based Bajaj Group has announced allocation of Rs 100 crore against the Coronovirus pandemic. The company mentions that it will be working with the Indian government and its own network of more than 200 NGO partners to ensure the correct use of its resources. With this the Bajaj Group joins the league of other manufacturers like MG Motor India, Hero and Mahindra who have allocated funds and are working on various measures to tackle COVID-19.
Bajaj Group mentions that it will support the upgradation of key healthcare infrastructure required to tackle Covid-19. The aid will support the Government and identified private sector hospitals to upgrade ICUs, procure additional equipment and consumables including ventilators and personal protection equipment, enhance testing, and set up isolation units. These interventions will support communities in Pune, Pimpri-Chinchwad and rural areas of Pune.
Further, the group will also be working with organisations in multiple geographies to extend immediate support to the most affected - daily wage workers, the homeless and street children. Bajaj group will support initiatives on food supply, shelter and access to sanitation and healthcare.
The group will also be committing a significant portion of its support towards an economic aid programme in rural areas which includes a direct survival grant, followed by a livelihood intervention using a revolving fund model. The family pays back the loan from the earnings of the livelihood intervention - leading to 80percent of funds provided to family being returned to a community fund for further deployment to others in need within the community. "We will also work with authorities and partners towards creating awareness on Covid-19 and strengthening health infrastructure in the rural areas, including supporting and strengthening diagnostic centres and isolation facilities.", mentioned the company in an official release.
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