city New Delhi covid-19 outbreak Government crisis city New Delhi

₹150 crore contingency fund

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New Delhi: Hotels to packaged goods conglomerate ITC Limited on Friday announced the setting up of a ₹150 crore contingency fund to address the crisis emerging from the Covid-19 outbreak in the country.

The fund, said ITC in a press statement, will be utilised primarily to provide relief to the vulnerable and most needy in the society.

The company will also collaborate with local district authorities to provide assistance to the district and rural healthcare ecosystem.

ITC will also provide protective gear and hygiene products for workers involved in movement of essential goods. "…resources under this fund will be channelised towards the protection and well-being of the ground forces who are doing commendable work to reach medicines,

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