Washington: US multinational financial services company Mastercard on Tuesday announced a commitment of USD 10 million to address the “gut-wrenching” situation of surging COVID-19 crisis in India.
To be delivered through the Mastercard Impact Fund, the contribution will focus on three priority areas – access to hospital resources, access to additional oxygen supplies, and continued support to its employees across the country, an official announcement said.
“The situation in India is gut-wrenching; it’s clear that no one has been left untouched and that no one can be a bystander,” said Ajay Banga, executive chairman of Mastercard.
“We have long been advocates for the people of India, as employers and as enablers of the economy. Now it’s time for us to put our shoulders to the wheel and do whatever we can to help all of India get through this intensified crisis,” he said.
The largest contribution will be…
