Companies

RIL pledges ₹500 crore to PM CARES Fund

Our Bureau Mumbai | Updated on March 30, 2020

Reliance Industries Ltd (RIL) has pledged ₹500 crore to PM CARES Fund.

RIL, controlled by billionaire Mukesh Ambani, will also provide 50-lakh free meals in the next 10 days across the nation, which would be scaled up rapidly to more meals and newer areas. RIL is also providing 1 lakh masks daily for health-workers and caregivers, thousands of personal protection equipment daily to health-workers and caregivers.

“We are confident that India will conquer the coronavirus crisis sooner rather than later. The entire RIL team is with the nation in this hour of crisis and will do everything to win this battle against Covid-19,” RIL Chairman and Managing Director Mukesh Ambani said in a statement. Earlier on March 24, RIL announced a host of measures to aid in controlling the  outbreak, which includes setting up  the country’s first Covid-19 dedicated hospital in Mumbai. 

RIL had earlier contributed ₹5 crore each to Maharashtra and Gujarat governments to help them fight the pandemic, while it promised to continue paying temporary workers and ramp up production of face masks. The conglomerate is also providing free fuel across the country to emergency response vehicles, while its subsidiary Reliance Retail is keeping 750 stores across the country open.

READ THE STORY: Reliance sets up dedicated Covid-19 medical centre with BMC

Published on March 30, 2020

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