Covid-19 crisis: Pharma majors step up support to affected employees

A company spokesperson said this benefit will be over and above the existing group term insurance

Pharma firms have come forward to help employees and their dependents during the pandemic. With over 270,000 deaths due to Covid-19 in the country, the pharma players, who are also part of essential services, have stepped up effo­rts to ensure that families of employees, who succumbed to the disease, are able to have some financial support.

Apart from one-time payments, some of these measures include paying for children’s education, arranging hospital and ICU beds, or having round-the-clock helplines to assist employees and their families.

The country’s largest drug maker Sun Pharmaceuticals has announced that it will pay an amount equivalent to two