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Home Covid-19

CSR: Magma Fincorp Contributes Rs 5 Cr to PM CARES Fund

India CSR by India CSR
June 17, 2020
in Covid-19, Prime
Reading Time: 1 min read
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Mumbai-based asset finance company, Magma Fincorp Limited has pledged Rs 5 crore under the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund to support India’s fight against coronavirus.

Magma is committed to participating in corporate India’s response to address the global pandemic COVID-19 through funds directly to PM Cares, community welfare plans, providing meals and dry ration and through leveraging its expertise to offer assistance in the far reaching areas of the country.

Magma has supported 5600 families which is around 30,000 people in 10 states fight hunger by providing Dry Ration and freshly cooked meals over the past two months.

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India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

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