Tatas pledge Rs 500 crore support in fight against Covid-19

Tata Trusts on Saturday pledged Rs 500 crore for prevention and relief activities of the coronavirus pandemic.

The philanthropic organisation, which hold 66 per cent in the holding firm of the Tata Group, Tata Sons, said the fund has been earmarked for personal protective equipment for medical personnel on the front lines, respiratory systems for treating increasing cases and testing kits to increase per capita testing.

Besides, it would also be used for setting up modular treatment facilities for infected patients, knowledge management and training of health workers and the general public, Tata Trusts said in a statement.

Commenting on the initiative, Tata Trusts Chairman Ratan Tata said, "The current situation in India and across the world is of grave concern and needs immediate action...At this moment, the need of the hour is greater than any other time.

"In this exceptionally difficult period, I believe that urgent emergency resources need to be deployed to cope with the needs of fighting the COVID 19 crisis, which is one of the toughest challenges the human race will face."