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HAL to donate Rs 26.25 crores to 'PM CARES Fund'

HAL announced financial assistance of Rs 26.25 crore to 'PM CARES Fund' through CSR and one day salary of employees, to fight global pandemic Coronavirus
Bengaluru: Navratna Defence PSU, Hindustan Aeronautics Limited (HAL) has pledged Rs 20 crores from its corporate social responsibility (CSR) fund to the Prime Minister’s citizen assistance and relief in emergency situations (PM-CARES) fund. In addition to this, HAL employees have also pledged their one day salary amounting to Rs 6.25 crores. Cumulatively it works out to Rs 26.25 crores. "This is a small step from HAL in supporting the government’s ongoing efforts in the fight against the novel Coronavirus (COVID-19) pandemic,” says HAL's Chairman & Managing Director (CMD) R Madhavan.
This is a small step from HAL in supporting the government’s ongoing efforts in the fight against the novel Coronavirus pandemic: HAL's CMD R Madhavan
“Each employee of HAL has committed a minimum of a single day’s salary as a donation to the PM–CARES fund,” says HAL's Director (HR) Alok Verma. HAL has been at the forefront of various initiatives as part of its CSR programs and has been playing an active role in addressing the needs of the society over the years. Its recent programs have focused on important issues like water conservation, cleanliness, environment protection, use of natural resources, education and training, infrastructure etc. The company has once again come forward with its contribution at this critical hour and depending on the situation will continue to assist in future too.

Hindustan Aeronautics Limited (HAL)

HAL is an Indian state-owned aerospace and defence company and it has its headquarter in Bangalore. It is governed under the management of the Indian Ministry of Defence. The corporation is primarily involved in the operations of the aerospace and is currently involved in the design, fabrication and assembly of aircraft, jet engines, helicopters and their spare parts.