HomeNewsBusinessReal EstateJaypee Group donates Rs 4.22 crore for COVID-19 relief activities

Jaypee Group donates Rs 4.22 crore for COVID-19 relief activities

It has contributed Rs 3 crore to the PM Cares Fund, Rs. 50 lakh to the Uttar Pradesh CM Care fund, Rs 51 lakh to the Madhya Pradesh CM Care Fund and Rs 21 lakh to the Uttrakhand CM Care Fund.

April 08, 2020 / 18:17 IST
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Jaypee Group has donated Rs 4.22 crore through various channels for COVID-19, the company said in a statement.

It has contributed Rs 3 crore to the PM Cares Fund, Rs. 50 lakh to  the Uttar Pradesh CM Care fund, Rs 51 lakh to the Madhya Pradesh CM Care Fund and Rs 21 lakh to the Uttrakhand CM Care Fund, the company said in a statement.

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Jaypee Group is into construction, real estate, power, hospital and hotel businesses. It is the parent company of Jaypee Infratech, which is currently undergoing insolvency proceedings.

COVID-19 Vaccine
Frequently Asked Questions

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How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.
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