In a BBC report on 25 May 2021, Tata Steel said it
will compensate the families of its workers in India that die of Covid-19. The firm
said it will pay deceased employees' salaries, housing and medical benefits
until what would have been their retirement at the age of 60. It also pledged
to cover the education costs of the children of dead frontline workers until
they graduate.
This week
(3rd week in May) India officially counted 300,000 dead from the
virus, though experts warn the number could be higher.
Tata
Steel is the latest major employer in India to announce financial support plans
for the families of its workers that have lost their lives to Covid-19.
Last week
(2nd week in May), hospitality group Oyo Rooms said it would help
the families of its workers who have died of the coronavirus in a number of
ways, including eight months' pay and support for their children's education
for five years.
Earlier in
May 2021, glass manufacturer Borosil said it would pay the salaries of workers
that died of Covid for the next two years. In a LinkedIn post, Borosil
Limited's Managing Director Shreevar Kheruka also said the company would cover
the education costs of the deceased workers' children.
Source:
https://www.business-standard.com
A second
wave of the virus has ravaged the country's healthcare system in April and May.
Hospitals filled to capacity have been forced to turn away patients. Critical
medicines and oxygen have run out in several areas. Even crematoriums have run
out of space.
By the 3rd
week of May India became only the third country in the world to record more
than 300,000 deaths - behind the US and Brazil. It has recorded 26 million
cases - second only to the US - and is now the epicentre of the global
pandemic.
Malaysia’s large corporate
institutions can afford to support welfare of employees and their families due
to Covid-19. It cannot be the sole responsibility of the Government. Surely,
banks and glove manufacturers can create a support fund for employees’
salaries, medical costs and scholarships for children who are distraught about
their future with no parents.
Reference:
Tata
Steel to continue salaries for Covid victims’ families in India, BBC, 25 May 2021
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