Business Today
Loading...

Coronavirus update: Coal India donates Rs 221 crore to PM CARES fund

Employees of CIL have voluntarily contributed one day's salary, which amounted to Rs 61 crore, and the miner donated an amount of Rs 160 crore from its corporate social responsibility corpus to 'PM CARES Fund'

twitter-logoPTI | April 25, 2020 | Updated 02:15 IST
Coronavirus update: Coal India donates Rs 221 crore to PM CARES fund
Representative Image

State-run Coal India Ltd on Friday said it has contributed Rs 221 crore to the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM Cares) to fight against the coronavirus pandemic.

Employees of CIL have voluntarily contributed one day's salary, which amounted to Rs 61 crore, and the miner donated an amount of Rs 160 crore from its corporate social responsibility corpus to the 'PM Cares Fund', a company official said.

Despite several challenges during the ongoing crisis period, the subsidiaries of the Maharatna PSU have been producing coal, he said.

The miner has set a 710 million tonne production target in the current fiscal even though there is a concern over demand.

Also Read: Coronavirus: Airports gear up for operations post lockdown; ramp up sanitisation measures

Also Read: Coronavirus outbreak: Chinese firms pin blame on users after rapid testing kits fail

Also Read: Franklin Templeton one-off incident; credit risk funds still attractive, says mutual funds body

  • Print
  • COMMENT
BT-Story-Page-B.gif
A    A   A
close