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COVID-19 Pandemic, Anand Mahindra to provide ventilators, Anil Agarwal offers 100 crore

by TLN Team March 23, 2020March 23, 2020
written by TLN Team March 23, 2020March 23, 2020
COVID-19 Pandemic, Anand Mahindra to provide ventilators, Anil Agarwal offers 100 crore

The outbreak of coronavirus has created a panic across the country and India is trying all the possible efforts to fight against the lethal virus. In view of this grave situation, many industrialists in the country expressed their willingness to part of the mission and extended their helping hand to overcome the crisis.

Mahindra Group Chairman Anand Mahindra on Sunday stated that Mahindra Group will immediately begin work to explore how its factories could make ventilators, as the spike in Covid-19 positive cases turns the spotlight on the need for life-saving and critical care equipment. He also said that the Mahindra Foundation, the group’s corporate social responsibility (CSR) arm, would create a fund to assist the hardest-hit stakeholders in the value chain, including small businesses and self-employed individuals.

“I will contribute 100% of my salary to it and will add more over the next few months,” Mahindra tweeted.

Similarly, Vedanta Resources Ltd chairman Anil Agarwal announced that he will commit ₹100 crore towards fighting the pandemic.Agarwal said that this fund is a first step on Vedanta’s behalf and we will increase the corpus if the need arises. He further raised his concern about the daily wage earners. “Many people are facing uncertainty & I am especially concerned about the daily wage earners, we will do our bit to help,” said Agarwal.

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