ONGC contributes Rs 100 crores to PM CARES Fund to strengthen the nation’s fight against COVID-19 and H3N2 virus
Mumbai, 31 March, 2023
Oil and Natural Gas Corporation Limited (ONGC), India’s Energy Maharatna contributed Rs 100 crores to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) on 31 March 2023. This contribution will facilitate the government’s ongoing efforts to strengthen the healthcare infrastructure, specifically with respect to fighting COVID-19 and H3N2 influenza virus.
Earlier, ONGC contributed Rs 300 crore to the PM CARES Fund in April 2020 during the first wave of the COVID-19 pandemic and also contributed another Rs 70 crore to this fund in Financial Year (FY) 2021-22 for maintaining the medic equipment purchased by Oil Public Sector Enterprises (PSEs) during the two waves of the pandemic.
As a socially responsible organization, ONGC supports the government’s efforts to ensure the health and safety of all its stakeholders, including communities. This contribution will help provide much-needed resources to amplify the government’s efforts in healthcare.
The contribution to the PM CARES Fund is a part of ONGC’s ongoing efforts to support society and the nation in these difficult times. The company remains committed to its core values of social responsibility, sustainability, and excellence in all its operations.
Some people raised questions when people are suffering within the organization why such huge donations are being carried out. But as per the information and intimation from the management ONGC has taken several measures to ensure the safety and health of its employees and stakeholders during COVID-19. The company has implemented work-from-home and social distancing policies, increased sanitization, and hygiene measures, and provided medical support to employees and their families.
ONGC is also contributing to the society at large by providing essential supplies like food, water, and medical equipment to communities in need. The company is working closely with the local authorities and NGOs to ensure that the resources reach the beneficiaries in a timely and efficient manner.
The PM CARES Fund was set up by the Government of India on 28 March 2020 with the primary objective of dealing with any kind of emergency or distress situation, like the COVID-19 pandemic. The Fund is chaired by the Prime Minister of India and includes eminent persons from various fields.