Steel sector contributes Rs 500 crore in PM-CARES Fund to fight against coronavirus COVID-19 epidemic


New Delhi: In India’s battle against coronavirus COVID-19 pandemic, metal corporations have come forward to donate Rs 500 crore in the PM-CARES Fund. The sector, which additionally termed as the bottom of the nation’s economic system, has taken a lead function in the contribution to aid operations in this hour of disaster.

Union Petroleum and Natural Gas and Steel Minister Dharmendra Pradhan on Tuesday (March 31) knowledgeable concerning the donation of Rs 500 crore by the metal sector to the PM-CARES Fund. Pradhan stated the contribution made by the metal sector in this difficult time will assist in tackling the coronavirus COVID-19 epidemic. 

The Union Minister took to social media to inform and tweeted, “Steel companies, both in public and private sector together have pledged contribution of more than Rs 500 crores by way of one day salary, CSR and other funds towards #PMCARES fund in wake of India’s fight against the #COVID-19 pandemic. #IndiaFightsCorona”

He additional tweeted, “Employees of Ministry of Steel and its CPSEs are contributing one day salary amounting to Rs 14 crores to the #PMCARES fund to support India’s fight against #COVID19 virus. #IndiaFightsCorona”

The corporations which made a significant contribution to the PM-CARES Fund are Steel Authority of India Limited (SAIL) Rs 30 crore, Rashtriya Ispat Nigam Limited (RINL) Rs 5 crore, NMDC Rs 150 crore, MOIL Rs 45 crore, MECON Rs 5 crore, KIOCL 10 crore, MSTC 5 crore, FSNL Rs 5 crore. 

These corporations have additionally deposited their unspent CSR fund of Rs 17.55 crores for the monetary 12 months 2019-20, to the PM-CARES Fund for aid work.

Notably, State-owned metal maker SAIL on Tuesday introduced a Rs 30 crore monetary help to fight the coronavirus outbreak. “SAIL has joined hands with the nation in its fight against the coronavirus disease by contributing Rs 30 crore to PM-CARES Fund. This is a humble contribution from the company and its employees in the fight against the coronavirus emergency. We stand committed to dedicate ourselves in the service of the nation in every possible way,” SAIL Chairman Anil Kumar Chaudhary stated in an announcement.

He additionally stated that together with this, the corporate additionally scaled up and mobilised numerous well being providers in coordination with native authorities of respective state governments for combating this medical emergency scenario.

SAIL’s staff have additionally come ahead and contributed one-day wage amounting to about Rs 9 crore to the PM-CARES, he stated.

SAIL has additionally offered medical amenities together with 83 ICU beds, 27 ventilators, 592 quarantine beds, 330 isolation beds moreover arranging sanitisers and PPEs like masks at its hospitals and at workplaces at its crops and items in Chhattisgarh, Jharkhand, West Bengal and Odisha, the assertion added. 

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