Coronavirus: ITC's Sanjiv Puri lines up Rs 150 crore contingency fund


Cigarettes to hotels major, ITC Ltd has come up with a Rs. 150 crore contingency fund to address the exigency arising out of the coronavirus (Covid-19) outbreak in the country.
According to the company’s chairman and managing director, Sanjiv Puri, this fund will be utilised primarily to provide relief to the vulnerable and most needy sections of society who are impacted by the pandemic and are facing significant disruption in their livelihoods.
Additionally, ITC will also also collaborate with district authorities to provide assistance to the district health and rural healthcare eco-system that reaches out to the weakest sections of society.
The resources under this fund will be channelised towards the protection and well-being of people involved directly to reach medicines, groceries, other essential goods including sourcing of agri-commodities by providing protective personal gear and hygiene products. Read More

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