India city Mumbai covid-19 Waves reports India city Mumbai

₹1,600 crore on combating second covid-19 wave

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MUMBAI : India Inc. spent over ₹1,600 crore on combatting the second wave of covid-19 in the financial year 2020-21, according to a study by CSR knowledge and impact intelligence portal CSRBOX.

The entities studied over 350 public listed companies to find out that over 750 corporate social responsibility initiatives were launched in response to the second wave, and that 35% of these interventions were implemented in Maharashtra, Gujarat, Karnataka, and Uttar Pradesh.

According to the report titled CSR Response to COVID 2.0, corporate India supported by providing over 200 oxygen plants, setting up more than 75 makeshift hospitals and covid wards with over 10,000 beds, 3,500 ventilators and 140,000 oxygen concentrators.

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