Bill Gates has committed $100 million to aid global research and treatment of the coronavirus. Jack Ma, Alibaba founder has pledged $14 million to help develop a coronavirus vaccine. Even Indian billionaires are cooming ahead to provide help.
Mukesh Ambani has implemented a series of measures to help his employees during the COVID-19 epidemic. Ambani is not the only helping out during these extreme conditions. Tata Sons‘ chairman N Chandrasekaran implemented a similar strategy by paying all their employees full salaries for the months of April and March, irrespective of whether they can come to work or not because of illness. The company wants its employees’ safety and recognises their contributions on a daily basis.
And that’s not all! Mahindra Group chairman Anand Mahindra declared on 22nd March that the company would be providing ventilators in all of its factories. Mahindra would also help self-employed people and wage workers by contributing 100 per cent of his salary to fund them to fight the coronavirus.
—To help in the response to this unprecedented threat, we at the Mahindra Group will immediately begin work on how our manufacturing facilities can make ventilators.
—At Mahindra Holidays, we stand ready to offer our resorts as temporary care facilities. (3/5)
— anand mahindra (@anandmahindra) March 22, 2020
The famous Industrialist Anil Agarwal also declared that his Vedanta Group would be establishing a Rs. 100 crore fund to help all daily wage employees. The company won’t be laying off any of its employees or deducting their salaries in case of leaves or no shows.
I am committing 100 cr towards fighting the Pandemic. #DeshKiZarooratonKeLiye is a pledge that we undertook & this is the time when our country needs us the most. Many people are facing uncertainty & I’m specially concerned about the daily wage earners, we will do our bit to help pic.twitter.com/EkxOhTrBpR
— Anil Agarwal (@AnilAgarwal_Ved) March 22, 2020
This message becomes totally somethings else after 4:30 mins. I just couldn’t hold tears in my eyes. Inspired by Arne, I will not take my salary of this month & next. I commit that money to any needs of @Paytm office-help-staff in these testing times. https://t.co/6s92dXME5G
— Stay Home, Stay Safe (@vijayshekhar) March 20, 2020
Source: Business Insider