"Life’s most persistent and urgent question is, what are you doing for others?”
– Martin Luther King, Jr.
India is going through a challenging phase of the COVID-19 pandemic, which has cut across boundaries. It has deeply impacted the masses who depended on daily wages for their survival during the lockdown.
Being a bank that has always believed in doing good beyond just banking, we undertook the endeavour of being here for good in the wake of COVID-19, through a three-pronged approach impacting over 1.3 million lives.
Our immediate focus was on providing rations and meals to over a million marginalised communities, particularly the migrant labourers, the visually impaired women and girls and their families. This was in partnership with United Way of Mumbai, CII Foundation, Swades Foundation, Habitat for Humanity, National Association for the Blind and World Vision India.
We are making an effort in ensuring the restoration of rural livelihood opportunities and creating linkages to market and financial institutions for women farmers and micro-entrepreneurs.
We have signed up with Transforming Rural India Foundation to provide input cost, set up aggregation centres and provide inventory support to 12,000 women small-holder farmers and micro-entrepreneurs to restart operations in Madhya Pradesh and Jharkhand.
Our employees raised INR 50 lakhs to support children to go back to school, mental health resources for the elderly and supporting small farmers in the drought-prone regions of Maharashtra and Madhya Pradesh with micro-irrigation. These inputs will help increase their yield and provide them with a sustainable livelihood solution.
We are the first corporate to support IIT Kanpur for the research and development of an indigenised, affordable, invasive ventilator prototype, which is now available commercially.
In addition, we also provided 13,000 protective gears for health personnel including doctors and front-line health workers at the frontline of COVID-19 in 15 states – in partnership with Ipas Development Foundation, Sewa Sahyog, Mission for Vision and Sightsavers.
As Standard Chartered India, we have donated 15 crores towards battling the COVID pandemic in the country.
We supported the setting-up of ICU beds along with ventilators in Akhand Jyoti Eye Hospital (a unit of Yugrishi Shriram Sharma Acharya Charitable Trust) at village Mastichak in the Saran district of Bihar, where healthcare facility is very scarce, especially for treating critical COVID-19 cases.