Fighting coronavirus: L&T donates Rs 150 cr, TVS 25 Motor cr to PM-CARES
Engineering
and construction giant Larsen & Toubro (L&T) on
Monday announced Rs 150 crore donation to the PM-CARES Fund to fight the
coronavirus outbreak
and
said it has set aside over Rs 500 crore per month to support about 1.60 lakh
contract workers.
L&T
joins a list of other corporates including Tata Group and Reliance Industries
who have come forward to offer their support to fight this unprecedented
crisis.
The
company said it has set aside an outlay of over Rs 500 crore per month to
support about 1.60 lakh contract workers by continuing to pay their wages
during the ongoing lockdown and providing them with food and basic amenities at
labour camps, while maintaining the COVID-19 prevention and containment
protocol.
"Responding
to the call given by Prime Minister of India, the company will donate Rs 150
crore to the PM-CARES Fund," the company said in a statement.
The
diversified conglomerate said it is committed to participate in corporate
India's response to COVID-19 through funds, community welfare plans and through
leveraging its expertise to offer assistance.
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