Arcil, India's pioneering asset Reconstruction Company today pledged an amount of Rs. 1.5 crore (One Crore and Fifty Lac) towards India's fight against COVID-19. Of the allocated budget, the Company has donated One crore to PMCares Fund, 25 lakh to CM relief fund-Covid 19 (Maharashtra) and Rs. 25 lakh will be parked for future preventive measures to contain the outbreak of Covid-19 in the country. In addition, the Company's employees will also donate voluntarily to PMCares Fund.
Commenting on the initiative, Vinayak Bahuguna, CEO and MD, Arcil, said, "It's a crisis of unprecedented proportions. To reemphasise our Hon'ble Prime Minister Narendra Modi's appeal - "Jaan hai to jahaan hai..." this is our bit to strengthen country's resolve in defeating this menace. At the same time, all the Arcilites are also doing their bit individually - be it in terms of spreading awareness or social distancing or donating towards the needs of the underprivileged hit by the lockdown."
Arcil has always believed in the power of consistent efforts to make small differences in and around its communities - be it beautifying pavements near our office or conducting medical camps in remote areas or supporting maintenance and operations in foster homes as well as pursuing solid waste management initiatives.