Coronavirus: Whopping Rs 1,125 crore donation committed by this business group
To tackle the unprecedented health and humanitarian crisis arising from the COVID-19 outbreak in the country, Wipro Ltd, Wipro Enterprises Ltd and Azim Premji Foundation have together committed Rs 1,125 crore.
To tackle the unprecedented health and humanitarian crisis arising from the COVID-19 outbreak in the country, Wipro Ltd, Wipro Enterprises Ltd and Azim Premji Foundation have together committed Rs 1,125 crore. As per a company statement released on Wednesday, "These resources will help enable the dedicated medical and service fraternity in the frontline of the battle against the pandemic and in mitigating its wide-ranging human impact, particularly on the most disadvantaged of our society."
Rs 1,125 crore: Break up figures
Of the Rs 1,125 crore, Wipro Ltd's commitment is Rs 100 crore, Wipro Enterprises Ltd's is Rs 25 crore, and that of the Azim Premji Foundation is Rs 1,000 crore, as per the company statement. These sums are in addition to the annual corporate social responsibility (CSR) activities of Wipro, and the usual philanthropic spends of the Azim Premji Foundation, the statement added.
"Integrated action will be taken for a comprehensive on-the-ground response in specific geographies, focused on immediate humanitarian aid, and augmentation of healthcare capacity, including containing the COVID-19 outbreak and treating those affected by it," the statement said.
These responses will be carefully coordinated with relevant government institutions and would be executed by the Azim Premji Foundation's 1,600-person team, in collaboration with many of its over 350-strong civil society partners, who have a deep presence across the country, it added. These efforts will fully leverage the technology expertise, sourcing systems, infrastructure, and distribution reach of Wipro, the statement said.
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