City
Epaper

Reliance to provide financial support to families of employees who died of COVID-19

By ANI | Updated: June 3, 2021 11:08 IST

In light of the ongoing COVID-19 pandemic, Reliance Industries has said that it will continue to provide salaries for five years to the nominee of employees who succumbed to the disease.

Open in App

In light of the ongoing COVID-19 pandemic, Reliance Industries has said that it will continue to provide salaries for five years to the nominee of employees who succumbed to the disease.

In a statement, Reliance further said that under the 'Reliance Family Support and Welfare Scheme', it would fully fund tuition fees, hostel accommodation and books of all the children of the employee, up to bachelors degree at any institute in India.

It also promised 100 percent payment of premium for hospitalisation coverage for the spouse, parents and children (till the bachelor's degree).

"Further, all colleagues affected by COVID-19 personally or within their family can avail the special COVID-19 leave for the full duration of their recovery, both physically and emotionally," the statement, signed by Reliance Industries Chairperson Mukesh Ambani and Reliance Foundation's founder and chairperson Nita Ambani, said.

They added that the leave policy is to ensure that colleagues 'only focus on recovering fully or caring for their family members'.

"Dear colleague... We have come together thus far for precisely on the strength of our solidarity as One Team and with the Ownership Mindset that will keep this adversity until we win," the statement added.

In another statement, the Reliance Foundation promised a lumpsum payment of Rs 10 lakhs to all bereaving families of the off-roll workforce.

"A lumpsum payment of Rs 10 lakh directly to the nominee of the deceased to support and care for the grieving family," it said.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: RelianceReliance IndustriesNita AmbaniNita mukesh amb
Open in App

Related Stories

BusinessAnil Ambani's Stocks, Reliance Infra and Reliance Power, Surge Amid Fresh Money Laundering Probe

BusinessAnil Ambani's Reliance Power and RCom Shares Surge Despite Loan Fraud Allegations

BusinessAnil Ambani’s Stocks Reliance Power and Reliance Infra Shares Down by 3% As Market Dips from Early High

NationalReliance Industries Leads as Sensex Rises 155 Points, Nifty Gains 28 Ahead of GST Council Meet 2025

BusinessAnil Ambani’s Reliance Power & Infra Hit 5% Upper Circuit; Sensex Jumps 300 Points, Nifty Tops 24,730

Business Realted Stories

BusinessIndiGo and AEGEAN sign memorandum of understanding for codeshare partnership

BusinessITR filing deadline extended by a day to Sep 16

BusinessCM Majhi sets aim to make Odisha the manufacturing hub of India

BusinessCentre’s e-Governance drive crosses Rs 3,000cr landmark in loans to small borrowers

BusinessAadhaar mandatory for online ticket booking in first 15 minutes from Oct 1: Railways