India Inc. reaches out to help Kerala

Corporate India has been making large contributions to the Kerala Chief Minister’s Distress Relief Fund (CMDRF), and finding other ways to help too. The biggest donor so far is the Adani Foundation, with Rs. 25 crore for immediate relief, and another Rs. 25 crore committed for rehabilitation and resettlement. AF also has teams in remote areas distributing materials to relief camps, and has started rehabilitation work in collaboration with the group’s Vizhinjam port project. The Reliance Foundation has donated Rs. 21 crore, and also has relief teams on the ground. RF has committed to setting up medical camps , supplying medicines to the government for use by district authorities, and providing construction equipment and workers to repair public infrastructure. The parent group has contributed relief material close to Rs. 50 crore, mostly through Reliance Retail. Other significant corporate donors to the CMDRF are the Kerala State Electricity Board (Rs. 25cr), ICICI Bank (Rs. 8cr), Ramco Cements (Rs. 2cr), TVS Motors (Rs. 1.5cr), Hero Motors, MRF, Muthoot Finance, Sun TV, and TV Sundaram Iyengar & Sons (Rs. 1cr each). VIT University, Vellore, sent Rs. 1 crore. The Mumbai-based Jyothi Laboratories, whose promoters hail from the State, donated Rs. 1.28 crore. From West Asia, Dubai-based Fathi Health Care Group and Abir Group of Saudi Arabia donated Rs. 1 crore each. Axis Bank donated Rs. 2 crore and committed another Rs. 3 crore for rehabilitation through partner NGOs. Employees of GAIL have contributed a day’s salary totalling Rs. 1.54 crore. The oil PSUs collectively donated Rs. 25 crore, and the Seafood Exporters Association sent Rs. 1.15 crore. CII-Telangana said member companies, including TCS, ITC PSPD, Gati, Shree Malani Group, Ankur Biscuits, Ravi Foods, and a few individual donors had sent over 23 tonnes of relief material. Kerala-based Josco Jewellers contributed Rs. 2.5 crore and Kalyan Jewellers Rs. 1.1 crore.

Source : https://www.thehindu.com/todays-paper/tp-national/india-inc-reaches-out-to-help-kerala/article24787941.ece

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