Get All Access for $5/mo

Covid-19: Ambanis Commit INR 500 Cr to PM-CARES Fund, will Provide 50 Lakh Free Meals RIL has donated INR 5 crore each to state governments of Maharashtra and Gujarat along with setting up an exclusive Covid-19 hospital

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Twitter Reliance Foundation

Mukesh Ambani led Reliance Industries (RIL) has topped up its earlier contributions towards combating coronavirus pandemic with another INR 500 crore. India's richest man has made the contribution to PM-CARES Fund, which was set up last week to accept donation from people willing to support the government's fight against the pandemic.

"Reliance Industries Ltd. today announced a donation of INR 500 crore to PM CARES Fund in response to the call by the Prime Minister to support the nation's fight against the Coronavirus onslaught," the official statement read.

Apart from the contribution to the PM Cares Fund, it will donate INR 5 crore each to the Chief Minister's Relief Fund of Maharashtra and Gujarat. The company has also stepped up its production capacities to produce one lakh masks per day and thousands of personal protective equipment (PPEs), such as suits and garments, for health-workers.

In collaboration with Brihanmumbai Municipal Corporation (BMC), RIL has set up a 100-bed exclusive COVID-19 hospital in just two weeks. The beds are reported to be equipped with required infrastructure and bio medical equipment, such as ventilators, pacemakers, dialysis machine and patient monitoring devices needed for treating infected patients.

"As the nation comes together to fight the Covid-19 pandemic, all of us at Reliance Foundation stand in solidarity with our countrymen and women, especially those on the frontlines to whom we pledge our full support. Our doctors and staff have helped set up India's first Covid-19 Hospital and are committed to supporting the government in exhaustive screening, testing, prevention, and treatment of Covid-19," said Nita Ambani, Founder Chairperson of Reliance Foundation, the company's corporate social responsibility (CSR) arm.

Reliance foundation will provide 50 lakh free meals in the next 10 days across the nation and scale up rapidly to more meals and to cover newer areas. "The need of the hour is also for us to support our marginalized and daily wage communities. Through our meal distribution programme, we aim to feed lakhs of people daily across the country," Nita Ambani stated.

In another initiative, RIL has also committed free fuel across the country to notified emergency response vehicles.

"RIL continues its 24x7, multi-pronged, on-the-ground effort to do its bit to ensure the nation remains prepared, fed, supplied, safe, connected and motivated to fight and win against the unprecedented challenges brought upon by the Coronavirus pandemic. RIL has already deployed the strengths of the Reliance Family on this action plan against COVID-19. RIL and its motivated team have stepped up in the cities and villages, on roads and lanes, clinics and hospitals, grocery and retail stores, and it has pressed additional capabilities into the service of the nation," said the statement.

The largest Indian conglomerate is expected to contribute further with appropriate financial assistance from time to time, as per the statement.

Last week Tata Sons and Tata Trusts had collaboratively pledged INR 1,500 crore to fight Covid-19.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business News

Wells Fargo Reportedly Fired More Than a Dozen Employees for Faking Keyboard Activity

The bank told Bloomberg that it "does not tolerate unethical behavior."

Innovation

The Key to Real Innovation Is Cross-Pollination — Here Are 10 Ways to Implement It in Your Business

Transform your business with this unique approach to sparking innovation.

Growth Strategies

AMD Confident About Increasing Market Share In India

The semiconductor company is positive about the business environment in India on the back of growing investments in data centers and AI, Cloud repatriation, as well as technology refresh taking place across companies on both server side and client devices

Side Hustle

These Are the 10 Best Online Side Hustles of 2024 to Earn Extra Cash

From teaching to testing artificial intelligence, these side hustles can earn you quick cash from home.

Leadership

Tech Overload Will Destroy Your Customer Relationships. Are You Guilty of Using Too Much Tech?

Technology's value in our world is undeniable. However, there can be a point where it is ineffective and possibly counterproductive. See where it can negatively impact your product, brand, and business.

Devices

Clean up Your Mac Software with This $12 Family Plan, for One Week Only

Save on a program that can optimize your company's Mac computers.