As a responsible corporate, Vedanta - Sesa Goa Iron Ore Business is contributing through all possible means to combat Covid-19 pandemic. In line with Vedanta's philosophy of care and community welfare, IOB is providing relief to the vulnerable and most needy sections of society who have been harshly impacted by the pandemic and have faced significant disruption in their livelihoods.
During this unprecedented situation posed due to the pandemic, entire Vedanta family under the visionary leadership of our Chairman Shri Anil Agarwal has committed to relentlessly work in collaboration with the respective state government to ramp up medical facilities required to fight the pandemic. Our Chairman has pledged Rs. 150 Cr for combating Covid-19 second wave in addition to Rs.201 Cr contribution during first wave of Covid-19. Vedanta has setup 10 ‘Covid-19 field hospitals’ across India many of which were commissioned with record time of two weeks to address the need with over 1500+ tons of oxygen supplied to hospitals across the country from various plants.
We are working in close coordination with state administrations of Goa and Karnataka in order to support the people & state govt. in combating the pandemic.
In Goa, Vedanta Sesa Iron ore has pledged Rs.10 Cr for the state of Goa in the fight against Covid-19. The company has proactively contributed in ramping up of medical infrastructure across Goa state which was extremely vital to take out the stress on state's healthcare facilities. Vedanta Sesa Goa Iron Ore Business extended the support to the Goa state government through various means such as,
Apart from these initiatives for people of Goa, all Vedanta employees and its business partners will be covered under the following flagship initiative:
To provide a sense of security to employees and their families, the company has introduced a best-in-class Term Life Insurance Policy with world-wide coverage for all executives across the group. The policy provides with coverage of 5x fixed pay of employees which is equivalent to annual salary for 5 years. The Term Life insurance provides financial security for the dependents of the employees in the unfortunate event of death and is in addition to Mediclaim and Group Personal Accident insurance policies currently provided to support the employees in emergencies.