Power Finance Corporation contributes Rs 200 crore under CSR to “PM CARES Fund” in fight against COVID-19
New Delhi:Power Finance Corporation Ltd (PFC), the leading NBFC in the power sector, has pledged to contribute Rs 200 crore to the “Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund” (PM-CARES Fund) to support the battle against COVID-19.Furthermore, PFC’s employees will voluntarily contribute a day’s salary to ‘PM-CARES Fund’ to further strengthen the nation’s fight against the dreaded disease.
Earlier, PFC had agreed to provide financial assistance of Rs. 50 lakh to Indian Red Cross Society in Rajasthan. Under the CSR Initiative, PFC’s financial aid will be used for distribution of Health Masks and Sanitisers, as a part of preventive measures against COVID-19. PFC and its employees remain vigilant and alert in these testing times and stand in solidarity with the society at this crucial juncture. As a responsible corporate, PFC is relentlessly working towards implementation of all precautionary measures to deal with the pandemic.
Disclaimer : www.NewsIP.in publishes News and Articles for information only. Facts received from sources, research, public domain and believed to be correct are carried on the principle of free to use. While all out efforts are made for accuracy no guarantee is given on authenticity. Content reflects authors’ views. The Editor and Staff are not liable for any errors, damages and third-party links. Readers are required to verify information independently. NewsIP reserves the right to update, modify, add or remove contents at any time. Dispute(s) will be subject to jurisdiction of the High Court of Delhi.