L&T donates Rs 150 crore for relief fund

L&T

Larsen & Toubro, a technology, engineering, construction, manufacturing and financial services conglomerate, has donated Rs 150 crore to the PM-CARES Fund.

It has set aside an outlay of over Rs 500 crore per month to support about 1.6 lakh 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 is considering transforming all company-owned training centres and other select establishments into isolation wards. It is exploring supply of critical healthcare equipment to hospitals engaged in treating Covid-19 patients.

The company has also committed to offering the use of its community health and medical centres and ambulances to transport patients to the nearest hospitals.

L&T Smart World & Communication, a business unit of the group, 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 has also decided to remit wages to workmen and subcontractors on time despite the lockdown. Payment to the workmen is being made directly to their linked bank accounts.

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