The PM CARES fund to collect donations for fight against COVID-19, is witnessing an overwhelming support from individuals, companies, businessmen, employees' associations, film stars, politicians, trade associations, celebrities etc. Many citizens are generously donating to this fund which was launched to support the government efforts in fight against Coronavirus spread. The Union Cabinet cleared a 30 per cent salary cut for all Members of Parliament (MPs), including the Prime Minister and the union ministers for a year. In addition, the government also decided to suspend all MPLADS (Members of Parliament Local Area Development Scheme) funds for two financial years. The government said the President, Vice-President and state governors have also decided to take 30 per cent salary cut for a year. Akshya Kumar is among many film stars who contributed to the fund.
The following is a list of major Indian companies and their contributions:
Tata Group - £150 mn, Reliance Industries – £50 mn, Larsen and Toubro – £15 mn, Infosys – £10 mn, Adani Group – £10 mn, JSW – £10 mn, Vedanta – £10 mn, Hero – £10 mn, ArcelorMittal Nippon Steel India – £10mn, ITC Limited – £10 mn, Bharti Enterprises – £10 mn, Kotak Mahindra Bank and Uday Kotak – £5 mn (£2,5 mn each), Asian Paints – £3.5 mn, TVS – £2.5 mn, Patanjali – £2.5 mn, Jindal Steel and Power – £2.5 mn.
