Business
Goldman Sachs Steps In India’s COVID-19 Relief, Announces Additional $US10 Million As Support
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Global financial services giant Goldman Sachs announced an additional USD 10 million support to help India fight the surge in COVID-19 infections and deaths.
The US-headquartered firm will provide support for frontline health facilities in cities such as Bengaluru, Hyderabad, Mumbai and New Delhi, including ongoing vaccination efforts through the help, an official statement said.
Frontline health facilities include portable COVID-19 care centers, oxygen concentrators and generators, and isolation care units at homes for non-critical patients from low income communities, it said, adding funds will also be deployed on mental wellbeing to aid a faster economic recovery in communities.
The company joins a slew of multinationals including Google, Apple, Microsoft and Blackstone, who have announced to render help to India, after the second wave of pandemic.
