NEDFi contributes to PM CARES Fund in the fight against COVID-19 pandemic

GUWAHATI: The Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) was created on March 28, following the COVID-19 pandemic in India. The fund will be used for combating, containment and relief efforts against the coronavirus outbreak and similar pandemic like situations in the future.

Over the years, North Eastern Development Finance Corporation Ltd (NEDFi) a Development Financial Institution of the North Eastern Region has been playing a pivotal role of the catalyst to the overall economic growth of the North Eastern part of India not only by rendering services to the financial aspects of the entrepreneurial ecosystem but also through facilitating developmental activities through its CSR activities. NEDFi too joins its hands with other Corporate Houses of India in contributing fund to PM CARES Fund, under its Corporate Social Responsibility (CSR) for the fight against this pandemic in this difficult time. The amount is Rs 2 crores in addition to one salary of the employees amounting to Rs. 5,75,673.

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