ITC pronounces Rs 150 crore COVID-19 contingency fund for susceptible sections of society – ET Retail


ITC announces Rs 150 crore COVID-19 contingency fund for vulnerable sections of society Kolkata: ITC chairman Sanjiv Puri on Friday introduced the conglomerate has arrange Rs 150 crore COVID-19 contingency fund for susceptible sections of society.

This fund will probably be used to supply reduction to most susceptible part of the society, present help to rural healthcare and even present protecting gear for medical workers.

In a media launch, the corporate stated as company residents we in business should lend our significant help to include this pandemic.

“Such difficult circumstances certainly name for extraordinary measures. In step with ITC’s credo of ‘Nation First – Sab Saath Badhein’, that focusses on inclusive and sustainable progress, notably of susceptible sections a lot of whom reside in rural India, ITC has geared its value-chain to lend help to the federal government in its efforts to combat this menace to the individuals of India,” the corporate stated.

ITC stated this fund will probably be utilised primarily to supply reduction to the susceptible and most needy sections of society who’ve been harshly impacted by the pandemic and have confronted vital disruption of their livelihoods.

As well as, the fund will collaborate with district authorities to supply help to the district well being and rural healthcare eco-system that reaches out to the weakest sections of society.

“Additional, it is usually envisaged that the sources below this fund will probably be channelised in the direction of the safety and well-being of the bottom forces who’re doing commendable work to achieve medicines, groceries, different important items, sourcing of agri-commodities and so forth for individuals throughout the nation throughout the lockdown, by offering protecting private gear and hygiene merchandise to such frontline warriors,” ITC stated.

The corporate stated in these making an attempt instances, it’s vital to make sure satisfactory availability of important meals and hygiene merchandise within the nation.

“We’re working with state authorities and native administration to make sure that manufacturing and distribution actions proceed uninterrupted with naked minimal individuals. Whereas we follow restraint and social isolation as a gaggle, we are going to proceed to make sure the protection and well-being of our staff, workforce and worth chain companions. ITC is dedicated to help the Authorities’s efforts and play its half in preventing this pandemic with compassion and resilience,” the corporate stated.


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