L&T said it has set aside an outlay of over Rs 500 crore per month to support about 160,000 contract workers by continuing to pay their wages during the ongoing lockdown.
Indian conglomerate Larsen & Toubro has pledged to donate Rs 150 crore to the PM-CARES Fund to support India's fight against coronavirus.
The company said it is committed to participating in corporate India’s response to COVID-19 through funds, community welfare plans and through leveraging its expertise to offer assistance.
L&t is India’s leading technology, engineering, construction, manufacturing and financial services conglomerate with over USD 21 billion in revenue and operations in over 30 countries.
Besides a one-time contribution to the newly-formed emergency fund, the company has also set aside an outlay of over Rs 500 crore per month to support about 160,000 contract workers by continuing to pay their wages during the ongoing lockdown and providing them with food and basic amenities at labour camps, while maintaining the COVID-19 prevention and containment protocol, L&T said in a press release.
Payment to the workmen is being made directly to their company-linked bank accounts, it said.
It has also increased vigilance across the labour camps attached to project sites to ensure that proper hygiene, catering, waste management, cleanliness and preventive measures including social distancing is being rigorously maintained.
Commenting on the company’s preparedness to fight coronavirus pandemic, L&T's Group Chairman AM Naik said: “L&T has always stood by the nation in its hour of need. We are helping India’s fight against COVID-19 by way of immediate funding, and through a range of welfare initiatives including converting our training schools into Isolation Centers. We are also leveraging our engineering and construction expertise to help the authorities deal with the crisis.”
The company is considering transforming all company-owned training centres and other select establishments into isolation wards. It is exploring to supply critical healthcare equipment to hospitals engaged in treating COVID-19 patients. The company has also committed to offer use of its community Health & Medical Centers 24X7 and use ambulances to transport patients to nearest hospitals, it said.
A 24X7 availability of ambulances, doctors and other medical facilities is being given for medical assistance to workmen and employees across all locations.
L&T Smart World & Communication, a business unit of Larsen & Toubro, has installed smart technologies in over 20 major cities, including Mumbai, Pune, Nagpur, Prayagraj, Ahmedabad, Visakhapatnam, Hyderabad and others. These technologies will help various state governments and local authorities to fight COVID-19 pandemic effectively, it said.
The company said it using a mobile application (Workforce induction and Skills Application - WISA) to send SMS alerts, in English, Hindi and other vernacular languages, to workmen and employees on the nature of COVID-19, its symptoms, testing facilities available locally.
It is relaying various health advisories and related messaging to 1,20,000 employees, daily.
The company has already closed all offices and other establishments as per the directives of Central Government and various state governments.
Employees have been encouraged to work from home, it said.
It has also formed COVID-19 Response Teams (CRT) across businesses to take timely action and Decision Response Team (DRT) at the corporate level to keep a constant vigil on the evolving situation and take necessary actions.
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