As per official data, miner NMDC has made the highest contribution among steel PSUs at Rs 155 crore.
Steel PSUs have contributed over Rs 250 crore towards the PM-CARES Fund to combat the coronavirus pandemic. As per official data, miner NMDC has made the highest contribution among steel PSUs at Rs 155 crore.
MOIL, another mining company under the administrative control of the Ministry of Steel, has donated Rs 48 crore.
Steel-makers Steel Authority of India Ltd (SAIL) and Rashtriya Ispat Nigam Ltd (RINL) have given Rs 30 crore and Rs 6.16 crore respectively to the Prime Minister's Citizen Assistance and Relief in Emergency Situation (PM-CARES) Fund.
Pellet maker KIOCL has deposited an amount of Rs 10.10 crore into the fund.
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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.
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.
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.
Consultancy firm Mecon has made a contribution of Rs 7.75 crore, while e-commerce firm MSTC and Ferro Scrap Nigam Ltd (FSNL) have given Rs 5.54 crore and Rs 5 crore.
The total contribution of public sector undertakings (PSUs) in the steel sector amounts to Rs 267.55 crore.
Further, as part of efforts to contain the spread of the virus, about 50 per cent of the staff of the PSUs have been asked to work from home, and only necessary operations at the units of these companies are on.
Those on duty have been provided with proper safety equipment and the companies are sanitising their premises on a regular basis.The companies are also distributing food packets, masks, hand sanitizers and offering other medical assistance to the communities living near their facilities and offices in various states.