Rural Electrification Corporation Pledges Rs 150 Crore to PM CARES Fund for COVID-19

Besides, the one-time contribution to the newly-formed emergency fund, REC's employees will willingly contribute one day's salary to the Prime Minister's National Relief Fund (PMNRF)

April 01, 2020. By News Bureau

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State-run Rural electrification corporation (REC) has announced that it has promised Rs 150 crore under PM CARES fund to fight against COVID-19. "REC Limited... has pledged to donate Rs 150 crore to the Prime Minister's Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund to support India's fight against coronavirus", a PFC declaration said.

Besides, the one-time contribution to the newly-formed emergency fund, REC's employees will willingly contribute one day's salary to the Prime Minister's National Relief Fund (PMNRF).

REC is dedicated to contributing in corporate India's response to COVID-19 through funds, community welfare plans and through leveraging its expertise to offer assistance, the company said.

On Monday, Power Minister R K Singh had tweeted, "We feel honored to share that the public sector undertakings of the ministries of power and MNRE have decided to contribute Rs 925 crore to the PM CARES fund with Rs 445 crore being deposited on 31st of March and outstanding in the first week of April."

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