Speed Post News Network
New Delhi : Indian Potash Limited(IPL), a PSU under the Department of Fertilisers, Ministry of Chemicals and Fertilisers, has donated Rs 5 crore to Prime Minister’s Citizen Assistance and relief in Emergency Situations (PM CARES) fund to support Government in its efforts to fight COVID-19 pandemic . This takes contribution of Fertiliser CPSUs to Rs 32 crore.
Appreciating the contribution made by Indian Potash Limited, Union Chemicals and Fertilisers Minister D V Sadananda Gowda, in a tweet, said that this will strengthen and support the relief works being carried out by Government of India in the wake of COVOID-19 outbreak. In two separate tweets, Gowda also complemented the employees of National Fertiliser Ltd (NFL) and of Fertilisers and Chemicals Travancore Ltd (FACT), the other CPSUs, for donating their one day’s salary amounting to Rs 88 lakh and Rs 50 lakh respectively.
Many other PSUs of fertilisers department like, IFFCO , KRIBHCO, and NFL-KISAN have also contributed more than Rs 27 crore to PM CARES fund.
Gowda had urged all the profit making PSUs under his ministry to donate part of their CSR fund to (PM CARES). In a letter sent to CMDs of all the PSUs, Gowda had said, “the Government of India is taking all possible steps to prevent spread of the outbreak , however a public health situation of this scale requires concerted efforts from all sections of the society ,therefore I request you all to contribute maximum possible amount of your CSR budget to PM CARES.”
He said that the Government of India has set up the PM CARES fund with the primary objective of dealing with any kind of emergency or distress situation such as that posed by COVID-19 pandemic and the Ministry of Corporate Affairs, has already clarified that any contribution made to the said fund shall qualify as CSR expenditure under the Companies Act 2013, according to a PIB release.