Azim Premji Foundation, Wipro Pledge 1125 Crores As COVID-19 Aid

To help India battle the coronavirus pandemic, Wipro and Azim Premji Foundation have collectively committed Rs 1125 crores. Rishad Premji, Azim Premji's son

None of us have lived through a time like this in living memory. We are doing all we can to help combat #Covid19 pic.twitter.com/K3Fv3UFcMm

SOME TAKEAWAYS:

• Wipro and its subsidiaries, Wipro Limited, Wipro Enterprises Limited, and Azim Premji Foundation have pledged to donate Rs 1125 crores towards tackling the COVID-19 crisis. 
• Azim Premji Foundation has also started a 'District Response Plan' For COVID-19.
• In March 2019, Azim Premji had donated 34 percent of his shares worth Rs 52,750 crore to an endowment under the Azim Premji Foundation. This made him one of the biggest philanthropists in India.

Wipro Ltd. has committed to donating an amount of 100 crores. Azim Premji Foundation is committed to donating an amount of 1000 crores, while the remaining 25 crores will be donated by Wipro Enterprises Ltd.

An Attempt To Help The Disadvantaged Section

"None of us have lived through a time like this in living memory. We are doing all we can to help combat," read Rishad Premji's tweet. The donation is specifically targetted at mitigating the effect of coronavirus on humans, especially the most disadvantaged sections of the society.

" Wipro Limited, Wipro Enterprises Limited, and Azim Premji Foundation have together committed Rs 1125 crores towards tackling the unprecedented health and humanitarian crisis arising from the COVID-19 pandemic outbreak. These resources will help enable the dedicated medical and service fraternity in the frontline of the battle against the pandemic and in mitigating its wide-ranging human impact, particularly on the most disadvantaged of our society," read Wipro's release, that Premji had shared along with his tweet.

In March 2019, Azim Premji had donated 34 percent of his shares worth Rs 52,750 crore to an endowment under the Azim Premji Foundation. This made him one of the biggest philanthropists in India.

Also Read: At 90, Coronavirus Patient Said A Younger One Must Get The Ventilator

Immediate Aid, And Augmentation Of Healthcare Capacity

"Integrated action will be taken for a comprehensive on-the-ground response in specific geographies, focussed on immediate humanitarian aid, and augmentation of healthcare capacity, including containing the COVID-19 outbreak and treating those affected by it. These responses will then be carefully coordinated with relevant government institutions and would be executed by the Azim Premji Foundation’s 1600-person team, in collaboration with many of its over 350 strong civil society partners across the country. These efforts will fully leverage the technology expertise, sourcing systems, infrastructure, and distribution reach of Wipro," the statement further read.

The amount is pledged collectively by Wipro subsidiaries, where Wipro Ltd. has committed to donating an amount of 100 crores. Azim Premji Foundation is committed to donating an amount of 1000 crores, while the remaining 25 crores will be donated by Wipro Enterprises Ltd.

Also Read: Indian Origin Virologist Gita Ramjee Dies Of Coronavirus In South Africa

Wipro also said in its press release that modern global society has not confronted a crisis of this magnitude and type. "The Azim Premji Foundation and Wipro believe that we must all work together to not only deal with this crisis and minimize its human impact, particularly on the disadvantaged, but also learn from these extraordinary times, to develop a more resilient global community, based on justice, equity, humaneness, and ecological sustainability."

Picture Credit- Businessworld.in