Tata Trusts has pledged Rs 500 crore to compete with Coronavirus. The press release issued by Tata Trusts on Saturday said that the funds from the company were used for activities such as purchasing equipment needed for health workers, respiratory system if the case increases, testing kits.
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On this matter, Tata Trusts Chairman Ratan Tata said, "Emergency resources need to be deployed at an urgent level to deal with the Covid-19 crisis." Ratan Tata has tweeted in this regard saying, "COVID 19 crisis is one of the toughest challenges we are all facing. Tata Trusts and Tata group companies have also stood for the needs of the country in the past. The need is greatest at this time."
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In his statement he said, "We express our gratitude and respect to every person of all member organizations, who are risking their lives to fight against this epidemic." Recently the government has given companies allowed to use its Corporate Social Responsibility (CSR) fund to fight the Covid-19 epidemic. The move is expected to benefit local communities, where various business groups run their businesses and are seen with the states to tackle the crisis. Due to this epidemic, economic activities have been disrupted and its impact on life is being seen.
