BIG DECISION by Tata Steel for its THESE EMPLOYEES’ families
Amidst this pandemic, several families have encountered difficulties and tragic losses. In the midst of this situation, giving a respite, Tata Steel has decided to extend social security schemes to the family members of the employees affected by COVID-19.
The entire country is currently reeling under the second wave of the COVID-19 pandemic. According to the Ministry of Health and Family Welfare (MoHFW), as on May 25, 2021, the death toll from COVID-19 mounted to 3,07,231. Amidst this pandemic, several families have encountered difficulties and tragic losses. In the midst of this situation, giving a respite, Tata Steel has decided to extend social security schemes to the family members of the employees affected by COVID-19. The company has announced that it will continue with the salaries of the deceased employees to their families.
See Zee Business Live TV Streaming Below:
Recently, Tata Steel has taken on Twitter to announce this decision. The tweet from the official Twitter handle of Tata Steel reads, "#TataSteel has taken the path of #AgilityWithCare by extending social security schemes to the family members of the employees affected by #COVID19. While we do our bit, we urge everyone to help others around them in any capacity possible to get through these tough times."
#TataSteel has taken the path of #AgilityWithCare by extending social security schemes to the family members of the employees affected by #COVID19. While we do our bit, we urge everyone to help others around them in any capacity possible to get through these tough times. pic.twitter.com/AK3TDHyf0H
— Tata Steel (@TataSteelLtd) May 23, 2021
As per the statement issued by Tata Steel, the company's social security schemes will help to ensure an honourable standard of living for the families of the deceased employees. In this scheme, the families will get the last drawn salary of till 60 years age of the deceased employee/nominee along with medical benefits and housing facilities. Furthermore, the company has also announced that for all its frontline employees who as a part of their jobs met with an unfortunate demise because of COVID-19, the company will bear all the expenses of their children's education till graduation in India.
In other COVID-19 related news, India's daily number of COVID-19 cases remained below the two-lakh mark for the first time in 40 days with 1,96,427 fresh infections recorded in the last 24 hours as per the data from the MoHFW.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
5X15X25 SIP Strategy: Is it possible to create Rs 1,64,20,369 corpus with Rs 5,000 monthly SIP investment?
SBI Green Rupee Deposit 2222 Days vs Canara Bank Green Deposit 2222 Days FD: What Rs 7 lakh and Rs 15 lakh investments will give to general and senior citizens; know here
Power of Compounding: In how many years, investors can achieve Rs 6.5 cr corpus with monthly salaries of Rs 20,000, Rs 25,000, and Rs 30,000?
SBI 400-day FD vs Bank of India 400-day FD: Where will investors get higher returns on investments of Rs 4,54,545 and Rs 6,56,565?
12:24 PM IST