Thursday, March 26, 2020

The Private Industry is Also Doing its Bit to Help India Fight the COVID-19 Situation!


During this COVID-19 pandemic when the entire world is facing serious crisis and our country India is also on the verge of the same, Government of India in support of the 1.3 billion population is taking serious measures to curtail the deadly virus. While the Government yesterday announced a package of 15,000 crore rupees to fight the pandemic, private organisations such as Reliance and Vedanta have also stood up to help India fight the situation.

Meanwhile the budding private sector of India is also trying to contribute to the community by doing it’s bit.

Hong Kong based logistic gaint; Lalamove is currently planning to support the delivery of essentials in the cities that they operate in and are currently under lockdown. They have reached out to various businesses involved in food, groceries, pharmacies, etc., offering their support in helping them deliver their goods to the people in need.

Another tech-based logistics company 72 Networks has availed a Corona Specific Medical Insurance policy for all our employees in the event of any casualty to cover their financial burden. In case of any casualty (Corona specific), the medical insurance company will bear the total cost of the test & treatment and a payment of 1000 Rs will be given to the infected person during his time of quarantine on a daily basis so that he can meet his daily requirements (as a part of policy).

Apart from the Logistics sector; Edtech platforms like Edubrisk are also rising up to the occasion to help solve the educational crisis in the country. They are running free learning sessions for teachers/institutions so that they can take online classes for their students. Also, they are providing free demo entries for students who need to finish their courses on their platform.

Another reputed institute in the country for skilled-based courses i.e The Academy of Pastry & Culinary Arts is taking classes on Zoom for their students and are also doing a Insta Live/Facebook Live session daily for the normal crowd and are teaching them home friendly recipes so that they are occupied in this time of lockdown. These recipes are taught by world renowned and award winning chefs.

The dating/gaming industry is also not far behind as during this time of lockdown, dating apps like Gleeden are providing alternatives for individuals to spend their time at home doing something that they find pleasurable. The platform has registered a hike of over 70% on its platform during this period. The gaming platforms are also not far behind and are giving lucrative offers to woo the customers. Falling the suit, Fantasy & Online gaming platforms like the Baazi Games have also witnessed a hike of 8-10% on its online poker platform; PokerBaazi. These platforms are proving to be very handy in order to divert the attention of the masses locked at their homes.

Another important sector Fintech; whose importance is only going to increase with the coming time as due to the lockdown less and less people will venture out of their homes and the facility to avail handy loans from your homes or through your mobile phones is going to garner traffic soon. Shubh Loans; a fintech lending company (NBFC) is also fully prepared for the future challenges and is more than willing it play its bit in supporting the Government of India and its people. They are also encouraging their employees to work & stay at home and support the Government’s initiative fully. Apart from this they have also provided comprehensive medical insurance plans that include coverage for parents which will prove to be extremely valuable at times like these.

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