PIB News Update: Power Finance Corporation Ltd (PFC), the Central PSU under Union Ministry of Power and leading NBFC in power sector has agreed in principle to provide a financial assistance of Rs. 50,00,000 (Rupees Fifty Lakh only) to Indian Red Cross Society.
Under the CSR Initiative, the financial aid provided by PFC will be used for distribution of Health Masks and Sanitizers, as a part of preventive measures against COVID-19, in the Sate of Rajasthan through Indian Red Cross Society. This move of PFC is significant because Jaipur in Rajasthan has emerged as one of the epicenters of coronavirus in India.