Tata Trust and group will spend a total of 1500 crores for patients and health workers, biggest help on corona from any corporate in India

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  • Reliance built a 100-bed hospital, also gave 5 crore rupees in Maharashtra Chief Minister Relief Fund
  • Vedanta, Bajaj and Hero Cycle Group have also announced 100-100 crore rupees

Tata Trust and Tata Group have announced to spend Rs 1,500 crore in dealing with Coronavirus. This will be the biggest support of any corporate in the country on Corona so far. Tata Trust will spend 500 crores rupees. Trust chairman Ratan Tata gave this information by tweeting at 4.18 pm on Friday evening. About two and a half hours later, at 6.48 pm, Tata Sons announced an additional Rs 1,000 crore support. Tata Sons, the Tata group, is the promoter and holding company of all Tata firms. The Tata Group works in philanthropy through the Tata Trusts. Tata Trusts hold 66% stake in Tata Sons.

Need to take immediate steps: Ratan Tata
Ratan Tata says that the coronavirus crisis is one of the biggest challenges of our generation. The Tata group and the group companies have been ahead in times of need for the country. But, the biggest need is at this time. In the current situation, immediate steps should be taken in the country and around the world.

Tata Trust will spend on these 5 things

1. For personal protective equipment of medical staff engaged in treating corona and preventing infection
2. To make the respiratory system available to patients suffering from corona
3. Testing kits so that the maximum number of people can be screened.
4. In preparing better facilities for infected patients
5. To train and educate the health worker and general public

What has the other corporate companies done in the country so far?

Mukesh Ambani, Chairman (Reliance Industries)

5 crore rupees given to Maharashtra Chief Minister Relief Fund. Reliance Foundation in collaboration with BMC has set up a 100-bed center at Seven Hills Hospital in Mumbai to treat patients with corona. Isolation center has also been built in Lodhiwali, Maharashtra.

Mr. Mukesh Ambani is too much busy now a days in buying the stocks of his own company and increasing his own shares in his company. Even during this epidemic period when every business house is seen working towards the nation, Mr. Ambani was seen more worried to increase his and his family holding in the company, though his company has already lost a high market value and incurred losses of crores due to which Ambani is out of the list of world’s richest people 

Anil Aggarwal, Chairman (Vedanta Resources)

Has announced 100 crore rupees to fight the coronavirus.

Anand Mahindra, Chairman (Mahindra Group)

His company will make ventilators in its units so that ventilators are not reduced in the country. Mahindra has also proposed to open its own holiday company Club Mahindra for the care of patients. Mahindra will give 100% of his salary to covid-19 fund. The fund has been created to help small industry and people working on daily wedges.

Pankaj M Munjal Chairman (Hero Cycles)
Announcement of Rs 100 crore from the company’s emergency fund to deal with coronaviruses.

Bajaj Group
To improve health infrastructure, food and living arrangements have been announced to give 100 crores rupees.

Vijay Shekhar Sharma, Founder-CEO (Paytm)
His company will provide assistance of Rs 5 crore to those making ventilators and other essential items.

Parle
The company will distribute 30 million packets of biscuits in the next three weeks.

What did the celebrities around the world do?
Bill Gates, Co-Founder (Microsoft), USA
The Bill and Melinda Gates Foundation has announced a donation of Rs 750 crore to make Corona’s medicine and vaccine. Apart from this, the fund will also be spent in building health infrastructure.

Mark Zuckerberg, Founder (Facebook), USA
Arrangements have been made to conduct 1000 tests of coronavirus every day in the US Bay Area. He has also announced Rs 187.5 crore for research on treatment.

Jack Ma, Founder (Alibaba), China
Has given 100 crores of help to deal with coronavirus. This fund will be used to make vaccines. In addition, he has donated two lakh coronavirus testing kits with one million masks to Russia. Jack Ma has also announced the donation of 2 million masks, 4 lakh test kits, 104 ventilators to 24 Latin American countries.

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