COVID-19 India: Bajaj Auto Announces Monetary Assistance for Employees

Bajaj will offer monetary support to the family of deceased employee for upto two years

Published On: 13/05/21
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News Highlights

Bajaj will bear the expense of educating the deceased employee's kids till graduation
A 5-year hospitalisation insurance is given to family of employee who died of COVID
Bajaj has setup Covid care facilities of more than 250 beds for its employees

Bajaj Auto has announced an all-round support package for all its employees to fight the second wave of the Covid pandemic in India. The company is offering monetary assistance for employees and their families in these tough times. In addition, the home-grown brand has donated a sum of Rs 300 Crores towards various government, local administration and NGO initiatives which include the procurement of 12 oxygen plants and several other respiratory support equipment. It has been undertaking several initiatives from the past one year in the country.

Commenting on the various initiatives, Rajiv Bajaj, Managing Director, Bajaj Auto said “When asked how we should treat others, Ramana Maharshi replied, 'There are no others'. It is with this sense of oneness that we shall do our utmost for any extended families of Bajaj Auto who might be devastated by the loss of their loved ones who went beyond the call of duty in the face of this pandemic.” Under Bajaj's new monetary assistance policy, if any employee passes away unfortunately due to Covid, then his/her family members are entitled to a monetary support for upto a period of two years from the date of demise. The kids of the employee will be assisted in studies till graduation by the company. Furthermore, a 5-year hospitalisation insurance cover to all family members of the deceased employee will be provided.

Apart from financial contributions, Bajaj Auto had already started facilities for tests and treatment at its multiple Covid care facilities, all equipped with professional medical care and 24X7 monitoring. It has also extended the support of its engineers who have worked closely with government authorities to audit the oxygen systems at more than 70 hospitals across districts in Maharashtra. During the first wave, the company had started a 32-bed facility at its Akurdi plant that operates from eight buildings and provides free treatment by trained medical personnel. This was in addition to its other Covid centres in Waluj (200 beds), Chakan (16-bed) and Pantnagar (15-bed).

A mechanical engineering dropout by choice, Mayank has been in the auto journalism biz for the past 8 years. He is currently working as an Associate Editor at Droom Discovery and covering each and every aspect of the auto industry. He has worked with a plethora of renowned Auto brands in his illustrious career so far. Being a student of English Literature, his mantras of success are the Never-Say-Never attitude and self-confidence. Mayank likes to travel, read books and listen to music during his free time.