Coronavirus Outbreak: Mahindra Logistics to provide relief-fund to drivers impacted by lockdown

Mahindra Logistics has launched an initiative that has a provision for providing Rs 3,000 each to drivers impacted by the COVID-19 lockdown

Press Trust of India April 21, 2020 12:10:15 IST
Coronavirus  Outbreak: Mahindra Logistics to provide relief-fund to drivers impacted by lockdown

New Delhi: Mahindra Logistics has launched an initiative that has a provision for providing Rs 3,000 each to drivers impacted by the COVID-19 lockdown.

The initiative named HOPE (Helping Our People during Emergencies), aims to support drivers financially to aid the battle against the COVID-19 lockdown.

Click here to follow LIVE updates on coronavirus outbreak

The nationwide lockdown has impacted a large number of drivers, whether they are drivers ferrying goods between states, or those who drive taxis and for ride-sharing companies. These drivers are mostly stranded and are struggling to make ends meet.

 <span class=Coronavirus Outbreak Mahindra Logistics to provide relieffund to drivers impacted by lockdown" width="380" height="285" class="size-full wp-image-8282071" />

Representational image. Image courtesy - Mahindra Logistics company website.

The company has partnered with Samhita Social Ventures - a social enterprise and SuperMoney - a financial lending tech platform to reach out to the
beneficiaries within the ecosystem.

Click here to follow LIVE news and updates on stock markets

This move will create an ecosystem to channelise CSR funds of other companies to provide economic support and recovery to workers, the company said in a statement.

"As a part of the initiative, Mahindra Logistics will be providing immediate relief by transferring Rs 3,000 to each driver's bank account, to buy essential commodities. This will be followed by other support provided to these drivers like health insurance cover, leveraging government schemes and loan guaranteeing model," the statement said.

In addition to this, Mahindra Logistics would strengthen healthcare professionals' abilities to respond and provide support to affected families using digital channels, it added.

"With over 30 percent of commercial vehicles stranded on roads across the country, drivers need urgent support. Truck drivers and their families are in immediate need of cash for food and other basic facilities," Mahindra Logistics MD & CEO Rampraveen Swaminathan said.

Swaminathan further said "we have launched several programs to support the driver community along with our business partners. Through this initiative, of short term financial relief and hope we aim to help these drivers and their families until the situation in the country is restored," Swaminathan said.

Samhita Social Ventures Founder and CEO Priya Naik said: "Through our India Workers' Alliance, we are delighted to partner with Mahindra Logistics, to support India's blue-collar and gig economy workers whose lives and livelihoods have been severely impacted. Our single objective is to help them survive this crisis and enable them to get back on their feet."

In addition to this, Mahindra Logistics also announced that its enterprise mobility business, Alyte will provide emergency cab services for those affected by the COVID-19 pandemic.

This free service has begun in Hyderabad, Kolkata and Chennai, with more cities being added every day.

Updated Date:

also read

US lowers travel advisory for India: Why this change was made and travel situation with other countries
World

US lowers travel advisory for India: Why this change was made and travel situation with other countries

The United States' travel advisory comes as India recorded just 30,093 new coronavirus infections, its lowest in 125 days

Over 3.09 crore unutilised vaccine doses available with states and private hospitals, says Centre
India

Over 3.09 crore unutilised vaccine doses available with states and private hospitals, says Centre

It said that more than 45.37 crore vaccine doses have been provided to states and UTs so far through all sources and a further 59,39,010 doses are in the pipeline

COVID-19 vaccine production increasing, India may be first country to have DNA-based jab, Mansukh Mandaviya tells RS
India

COVID-19 vaccine production increasing, India may be first country to have DNA-based jab, Mansukh Mandaviya tells RS

Replying to a short discussion on COVID-19 management in Rajya Sabha, the minister said technology transfer to several companies has started and they will begin production in the coming days