Aavishkaar Group announces Facility for Humane Action – in response to Covid19 challenge

Vineet Rai , Chairman, Aavishkaar Group announced today The Aavishkaar Group Facility for Humane Actions – in response to Covid19 challenge with an INR 2 crore grant, established as part of the Aavishkaar Foundation. The grant facility would work under the direct guidance of a Facility Task Force (FTF), chaired by Mr U. K Sinha, (Independent Director, Aavishkaar Group Holdco).

The grant facility would direct money toward five key areas:
a) Equip Government Doctors of the Poorest Districts with Personal Protective Equipment (PPE)
b) Partner with Local Institutions in Low Income States for food delivery to fight hunger
c) Support the extremely vulnerable and poor, such as rag pickers, microfinance borrowers, low income farmers, Employees of MSME, and those who are employed in the supply chain of our investee companies
d) Align & Cooperate with other Facilities & fund raised to promote all-round fight with Covid19
e) Align with Government initiatives

The facility would be made operational this week and we will keep you aware about its activities on a fortnightly basis.

If you are working in the above areas you can send your proposal at humaneproposal@aavishkaarfoundation.in

If you are thinking about supporting our initiative and contribute to this resistance please write to support@aavishkaarfoundation.in

As the Group stands for entrepreneurial initiative and spirit much like the Impact Entrepreneurs whom we support, we would soon be back with our announcements on how exactly we intend to work on the economic challenges that the marginalized people would face.