Bhubanewar, Mar 23 (Local Wire): Vedanta Ltd, a global conglomerate in metals and mining on Monday said that it will not cut down salaries of workers engaged with the organisation and its subsidiary units across the country besides annoucing special corpus to aid the daily wage workers, contract labourers and others.
Vedanta which has its unit at Lanjigarh in the state in a statement to the media said, “Vedanta Ltd today announced setting up of a dedicated ₹100 crore fund as part of its endeavour to join ranks with the Government of India to combat the widespread outbreak of deadly COVID-19,”
It also added, “The fund will cater to three specific areas – Livelyhood of the daily wage worker, employees and contract workers, preventive health care and will provide timely help to communities in and around various plant locations of the company.
“This fund is a first step on Vedanta’s behalf and we will increase the corpus if the need arises. Further, we will also assist the communities at our various locations in case of loss of livelihood.
I request every citizen in the country to stay safe and act responsibly and I am deeply concerned about our people but if we stay positive and take adequate precautions, we will emerge stronger,” said Anil Agarwal, Executive Chairman, Vedanta Resources Ltd.
As part of other measures, Vedanta announced that it will not cut salaries or fire any staff, including temporary workers during this crisis period.
It has also decided to provide special, one time insurance to cover Vedanta’s employees and their families against COVID-19.
Further, all mobile health vans in operational areas will aide in preventive healthcare and each business unit will contribute towards the livelihood of daily wage earners around plant locations like tea sellers and vegetable vendors.