In the ongoing fight against Covid-19 as India comes to a near stand-still, more and more corporates are coming forward with monetary assistance for the country. The Bajaj Group has pledged Rs 100 crore to the fight against Covid-19. Working with the Government and its network of over 200 NGO partners, the company plans to ensure these resources reach those who need it the most.
In Pune, the Bajaj Group will support upgradation of key healthcare infrastructure required to tackle Covid-19. The aid will support the Government and identified private sector hospitals to upgrade ICUs, procure additional equipment and consumables including ventilators and personal protection equipment, enhance testing, and set up isolation units. These interventions will support communities in Pune, Pimpri-Chinchwad and rural areas of Pune.
The Group is working with organisations in multiple geographies to extend immediate support to the most affected - daily wage workers, the homeless and street children. Bajaj group will support initiatives on food supply, shelter and access to sanitation and healthcare.
In the last few weeks, there has been a reverse migration to the villages. Bajaj Group is committing a significant portion of its support towards an economic aid programme in rural areas which includes a direct survival grant, followed by a livelihood intervention using a revolving fund model. The family pays back the loan from the earnings of the livelihood intervention - leading to 80% of funds provided to family being returned to a community fund for further deployment to others in need within the community. It will also work with authorities and partners towards creating awareness on Covid-19 and strengthening health infrastructure in the rural areas, including supporting and strengthening diagnostic centres and isolation facilities.
Covid-19 Impact: India Auto Inc to lose over Rs 2,300 crore for each day of closure
How coronavirus has hit the global auto industry: up-to-date timeline
Coronavirus will leave behind a global recession: Anand Mahindra
Chakan automotive hub stops humming as OEMs suspend operations
'Sizeable inventories creating panic among dealers and the lockdown is making things worse': Nikunj Sanghi