Citi on Wednesday announces an additional Rs 200 crore (USD27 million) pledge over the next three financial years towards India’s recovery and relief efforts against COVID-19, as the country experiences a surge in cases.
Of the total pledged amount, Rs 75 crore (USD10 million) is being allocated immediately towards the procurement of oxygen supplies, adding beds to hospitals, diagnostic testing systems, personal protection kits and other supplies for India’s frontline healthcare workers. The funds will also be utilized towards food and hygiene supplies for low-income families.
The additional pledged amount for India will also be used to fund public and private healthcare infrastructure and to impart employable skills to the youth, thereby promoting economic revival, important for India’s recovery.
In addition, employees participated in programs to provide masks and sanitizers for over 450 children at St Jude, and daily meals for 1 million migrant workers through Akshaya Patra, while Citi debit and credit card holders along with employees also participated in an unique engagement program, to help raise Rs 2.25 crore (USD300,000) towards PM-Cares Fund.