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Govt tells companies to protect wages, not terminate workers

May 17, 2021 08:03 PM

Govt tells companies to protect wages, not terminate workers
Govt tells companies to protect wages, not terminate workers,  M&M said it was providing health insurance at the rate of Rs 1 lakh to farmers who bought new tractors.

* Govt tells companies to protect wages, not terminate workers, Central Public Sector Undertakings (CPSUs) under the Ministry of Power have set up Covid Care Centers in over 200 areas. Electricity CPSUs also contributed Rs 925 crore to the PM Cares Fund.

* Amazon is assisting sellers to purchase 9,000 oxygen concentrators for consumers in India. In the first installment, 1,000 oxygen concentrators were sent to India. It looks like the rest may come by the end of this month.

*Govt tells companies to protect wages, not terminate workers,  M&M said it was providing health insurance at the rate of Rs 1 lakh to farmers who bought new tractors.

* The public sector Indian Oil Corporation (IOC) has announced the opening of a 500-bed Covid Care Center in Panipat, Haryana.

* Govt tells companies to protect wages, not terminate workers, L&T said it had sent 2 oxygen generating units to hospitals in Surat, Gujarat.

Union Minister Dharmendra Pradhan has said that about 6,650 metric tonnes of oxygen per day is being supplied to Covid-19 patients from steel industries and oil refineries.

* Borosil‌ said it would pay two years’ wages to the families of four of its employees who died with Covid. As well as the cost of their children’s education (graduation).

Also Read: Credit Card interest rates: Why are interest rates on credit cards so high

Bajaj Auto has announced that it will provide financial assistance of Rs 1 lakh per annum (up to Rs 12 lakh per month) for the education of two children, up to Rs 12 lakh per month (up to Rs 2 lakh per month) and Rs 5 lakh per annum for graduation, including the families of their employees who died with Covid.

* Sun Pharma has revealed that the families of their employees who died with Covid will bear the expenses of their children up to graduation, including two years’ wages.

* TVS Motors has revealed that it will financially support the education of their children, including providing 3 times the gross annual salary to the families of their employees who died with Covid.

* Real estate giant Lodha Group has revealed that it will provide 12 months’ salary to the families of its employees who died with Covid.

* Renew Power says it will help the family of their employee who died with Covid pay for the education of the children in that family, including 3 months ‘full pay, followed by 50 years’ pay for two years.

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