New Delhi: As India continues to battle the deadly Covid-19 second wave, Tata Steel in a philanthropic move announced social security schemes for the family members of employees affected by Covid-19.
The company in a Twitter post stated that it has taken the path of Agility With Care by extending social security schemes to the family members of the employees affected by COVID-19.
As per the announcement, family members of employees, who succumbed to Covid-19, would receive their last-drawn salary till the time the employee would have turned 60.
Apart from this, they can also avail medical benefits and housing facilities. Moreover, the company stated that if a frontline employee gets infected while on the job and dies, the company will bear the entire educational expenses of their children till they graduate.
“Tata Steel’s best-in-class social security schemes will help ensure an honourable standard of living for their families, whereby the family will get the last drawn salary till 60 years of age of the deceased employee/nominee,” the Jamshedpur-based company said on Twitter while announcing the schemes.
“The Company has always been a shield of ste, supporting its stakeholders at all times. This time is no different. Tata Steel family stands stoically with its entire people, committed to their security and well-being,” the statement reads.
Following the announcement, netizens appreciated the move by the company with one user remarking, “Thank you Ratan Tata for inspiring the corporate world again.”