Premji Foundation offers ₹ 1,000cr to fight coronavirus
BENGALURU: The Azim Premji Foundation, together with Ltd and Wipro Enterprises, will contribute Rs 1,125 crore to tackle the unprecedented health crisis due to the pandemic. The contribution is one of the largest in corporate India, slightly less than the contribution of Rs 1.5 billion made by Tata Sons and last week. Reliance Industries has committed Rs 500 million.
Of the 1,125 million rupees, the Premji Foundation will provide Rs 1 billion, Wipro Ltd and Rs 100 million, and Wipro Enterprises the rest. Billionaire Premji is one of the country's largest philanthropists and has already committed $ 21 billion for his philanthropic activities, making his wealth the largest in Asia and one of the largest in the world.
Wipro said the funds will be used for humanitarian aid and enhancing health care capacity, which includes containing the Covid-19 outbreak and treating those affected. These responses will be carefully coordinated with relevant government institutions and will be implemented by the team of 1,600 people from the Azim Premji Foundation, in collaboration with many of its more than 350 civil society partners, who have a deep presence throughout the country, added. company said in a statement.
Infosys co-founder Narayana Murthy and his wife Sudha Murthy have said they would contribute Rs 10 million of their personal funds to the Akshaya Patra Foundation's Covid-19 relief work. Technology expert Cognizant will contribute an initial $ 10 million to support communities around the world. Standard will give you millions of rupees through its partner NGOs.
Employees of Embassy, one of the largest builders of commercial offices in India, have voluntarily donated their salaries to aid initiatives, raising Rs 72 lakh through employee donations. Builder Prestige Estates said it is providing meals to some 10,000 daily salaried workers, disadvantaged and needy children in Bengaluru and in its labor colonies elsewhere. Aster DM Healthcare will donate Rs 2.5 crore to the Prime Minister's aid fund in Kerala and dedicate 750 beds in Kochi , Kozhikode, Kannur, Kottakal and Wayanad for accepting government-referred patients.
Volkswagen India has promised Rs 1 crore for the installation of the dedicated Covid-19 facility by Pune-based Sassoon General Hospital. Chinese short-video platform TikTok on Wednesday donated 400,000 medical protective suits for hazardous materials and 200,000 masks worth Rs 100 crore to help doctors and other medical professionals deal with the spread of Covid-19 in India.