Azim Premji Foundation and Wipro Enterprises have jointly commited over Rs. 1,000 crore to fight the coronavirus outbreak by facilitating and scaling healthcare facilities and to offer immediate financial aid with the help of a dedicated on-the-ground response team in certain districts.
Chairman of Tata Trusts Ratan Tata pledged Rs. 500 crore to deploy emergency resources to cope with the crisis and also work with the health platforms to reach out to the deprived and underprivileged. Ratan stated that the COVID-19 crisis as one of the toughest challenges the human race will cope with.
MukeshAmbani’s non-profit Reliance Foundation initially had announced to build a hospital in Mumbai, exclusively to treat coronavirus patients. This move was followed with his pledge to donate Rs. 500 crore towards the PM CARES fund started by Prime Minister Narendra Modi.
The Aditya Birla Group has commitedRs. 500 crore to fight the COVID-19 pandemic with Rs. 400 crore pledged for the PM CARES fund. Mrs. Rajashree Birla, Chairman of Aditya Birla Centre for Community Initiatives and Rural Development said that there is a need for multi-pronged response that includes financial and material support.
Gautam Adani, Chairman of Adani Group announced various measures in the battle against COVID-19 starting with Rs. 100 crore contribution to the PM CARES fund. Rs. 5 crore was contributed to the Gujarat CM-relief fund and Rs. 1 crore was donated to the Maharashtra CM-relief fund. He also saluted the people working at power plants, edible oil refineries, transmission sites and distribution stations who ensured the supply of essential items.
The co-founder of Microsoft has committed to contribute over $100 million dollars through Bill & Melinda Gates Foundation. He also recently stated on the Daily Show with Trevor Noah that he was ready to fund the development of different vaccines even if it ‘wastes billions of dollars’. Gates has been stressing on the importance of social distancing and called the COVID-19 pandemic a ‘nightmare scenario’.
Alibaba founder Jack Ma has pledged over $14 million fund the research and development of a vaccine. The second richest man in China also recently announced that he would donate 5,00,000 testing kits and one million face masks to the U.S.