Citi Commits Additional INR200 Crore to Support Covid-19
Samsung promises INR 37 crores for India’s fight against Covid-19
Citi and Samsung, leading financial / bankimg services and electronics conglomerate respectively, have pledged funancial support to Indian governments fight against second wave of Covid-19 pandemic.
While Citi announced an additional INR200 crore (US$27 million) pledge over the next three financial years, Samsung has pledged $5 million (Rs 37 Crores) as its contribution to India’s fight against the current surge of Covid-19.
Samsung initiative includes providing donations to central and state governments, and boosting the healthcare sector with essential medical equipment for hospitals, as part of its citizenship initiatives.
Of the total pledged amount, Citi will give Rs 75 crore ($10 million) immediately towards the procurement of oxygen supplies, adding beds to hospitals, diagnostic