Mumbai:
LIC of India has contributed Rs.105 Crore to PM CARES Fund for supporting the efforts of the Government of India in fighting COVID -19 caused by Novel Corona Virus, the biggest pandemic the world has witnessed since more than a century. Out of the Rs.105 Crore, Rs.5 Crore has been donated from LIC’s Golden Jubilee Fund.
In a statement LIC’s chairman, M R Kumar said, “India is facing a huge challenge in wake of the global pandemic which is unprecedented in its severity. LIC is committed to the welfare of India and her people. Living up to our motto ‘Yogakshemam Vahamyaham’, meaning ‘Your Welfare is My Responsibility’, we promise our solidarity with the efforts of the Government of India and will take every step to ensure safety and security of people and relief for the affected. “
Playing its part to fight the present Covid-19 crisis that has adversely affected the country at the national level, GIC Re donated Rs 22.69 crore to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM-CARES) Fund.
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GIC Re stands with the nation in its wholehearted attempt to revive the livelihood and economy of this land,said a statement from the reinsurer..