Key Points of ONGC Donates to PM Cares Fund in COVID-19 Fight:
- ONGC has pledged Rs 100 crore to the PM CARES Fund to support citizens during emergencies like the ongoing surge of COVID-19 cases in India.
- The company’s contribution aims to strengthen healthcare infrastructure and combat COVID-19 and H3N2 influenza viruses, according to a press release.
- ONGC had previously donated Rs 300 crore to the PM CARES Fund during the first wave of the pandemic in April 2020.
- Oil firms, including ONGC and the Indian Oil Corporation (IOC), contributed over Rs 1,000 crore to the PM CARES Fund in 2020 to fight against the COVID-19 pandemic.
- In FY 2021-22, ONGC has also added Rs 70 crore to the fund to maintain medical equipment purchased by Oil Public Sector Enterprises (PSEs) during the first and second waves of the pandemic.
Details of ONGC Donates to PM Cares Fund in COVID-19 Fight:
State-owned Oil and Natural Gas Corporation (ONGC) has pledged Rs 100 crore to the PM CARES Fund, set up by the Indian government to support citizens during emergencies such as the ongoing surge of COVID-19 cases in the country. ONGC’s contribution aims to aid the government in strengthening healthcare infrastructure and combating both COVID-19 and H3N2 influenza viruses, according to a press release from the company.
ONGC had previously contributed Rs 300 crore to the PM CARES Fund during the first wave of the pandemic in April 2020. Last year, oil firms, including ONGC and the Indian Oil Corporation (IOC), donated over Rs 1,000 crore to the PM CARES Fund to assist in the battle against the COVID-19 pandemic.
Furthermore, in fiscal year 2021-22, ONGC has added Rs 70 crore to the fund to maintain the medical equipment purchased by Oil Public Sector Enterprises (PSEs) during the first and second waves of the pandemic.
Hardeep Singh Puri, Union Minister of Petroleum and Natural Gas, praised ONGC for its contribution to the PM CARES Fund, stating that India’s energy sector continues to support the country’s healthcare infrastructure.
About ONGC:
The Oil and Natural Gas Corporation ( ONGC ), owned by the Ministry of Petroleum and Natural Gas, Government of India, is a central public sector undertaking headquartered in Dehradun. Its establishment on August 14, 1956, was initiated by the Government of India.
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