NEW DELHI: PFC has contributed Rs. 200 crore to the PM-CARES Fund to support the battle against COVID-19. The employees of PFC have also come forward for the cause and have donated their one day salary to PM CARES Fund.
PFC has also provided financial assistance of Rs. 50 lakh each to the District Collectors of Siddharth Nagar and Bulandsahar in Uttar Pradesh towards medical aid like Health Masks, santisers etc. and other relief items including ration etc.
Also, PFC has donated Rs. 50 lakh to Indian Red Cross Society to provide relief measures in Rajasthan. The financial aid provided by PFC is used for distribution of face Masks and sanitisers, as a part of preventive measures against COVID-19, in various districts of Rajasthan through Indian Red Cross Society.
PFC Ltd feels honoured to be a part of the contribution from the Public Sector undertakings of the Ministry of Power which has contributed INR 925 Crores to the PM CARES Fund.
PFC also faced the financial year-end for fiscal 2019-20. The month of March is very critical and important for any financial institution. Still, realizing the urgency due to the pandemic, PFC had made it mandatory for all its employees to work from home in the very initial stage itself and is leaving no stone unturned in providing all the necessary facilities to make it a seamless experience hence not compromising on employees’ wellbeing as well as the work.
PFC stood out and successfully disbursed more than Rs 11,000 crore during the period of lockdown in the month of March. On the last day of the fiscal, PFC disbursed Rs 5,300 crore. Besides the essential goods, another entity which is ensuring the smooth functioning of the complete ecosystem is power, and PFC is completely committed for the development of the sector, come what may!
With the successful completion of the fiscal year, Rajeev Sharma, CMD, PFC Ltd said, "Let me congratulate each member of the PFC family, who have contributed to a very successful financial year for PFC despite the ongoing challenge of a nationwide lockdown due to COVID19.”
PFC did not suffer any setback due to the lockdown and every employee has contributed by working from home using the IT systems. Whatever PFC as a financial institution has achieved would not have been possible without the team-spirit displayed by PFCians who worked untiringly through weekends as well as late nights, Sharma said, "I am extremely proud to be a part of this family, that has not let the adversities and challenges affect their performance. I am confident that PFCians would continue to display this unfettered and strong dedication going forward as well,” he added.
Apart from contributing Rs 200 crore towards PMCares Fund, PFC has pledged to offer more assistance. "Tough situations don’t last, tough people, do. And we will work efficiently and along with our PM to make sure the country marches ahead and wins the fight against the deadly Coronavirus," Sharma said.
This too shall pass and we will come out triumphant, a PFC statement said.