Siemens announces financial assistance of Rs 25 lakh for its employees to fight the second wave

"In these difficult and exceptional circumstances, the community and our employees need concrete measures for their well-being. We will continue to support every employee and their family at this very difficult time. The organization is doing everything possible to ensure that every employee feels safe and cared for," said Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Ltd, in the statement.

In April 2020, Siemens contributed Rs 20 crore in the fight against COVID-19. With the second wave succumbing to the country, the company has yet again helped its employees by providing financial help of Rs 25 lakh in addition to one year's salary. Furthermore, support towards school fees and continued medical insurance for immediate family members will be provided by the company. 

Siemens said, "To help the nation, the company is providing government hospitals across the country with COVID-19 testing lab, state-of-the-art computer tomography scanner, testing kits, ventilators, oxygen concentrators, oxygen generators, medical supplies and gear. The company also provided migrant and daily wage workers with dry rations and hygiene kits. These efforts have been supported by the Siemens Caring Hands Foundation in Germany."