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Coronavirus lockdown: NMDC to donate Rs 150 Cr to PM Fund for COVID-19 fight

This will be the biggest support offered by any PSE in the country to help the fight against coronavirus so far.

March 30, 2020 / 07:28 PM IST

NMDC Limited will contribute Rs 150 crore to the Prime Minister Cares Fund to help the fight against COVID -19, the PSU said in a press release.

This will be the biggest support offered by any PSE in the country to help the fight against coronavirus so far.

NMDC has already rolled out various preventive measures at the headquarters here, plants and offices to protect the employees and their families against the spread of the killer virus.

NMDC which has operations in the remote parts of the country has also implemented steps to fight the virus in the villages and hamlets adjacent to its facilities and townships, it said.


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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"Novel coronavirus is one of the biggest challenges that our country has faced and has been unprecedented in its severity. We at NMDC, have always been at the forefront in times of need for the country. But the biggest need is at this time is to be united and strengthen the hands of the Government of India. Together we will be able to defeat this pandemic," N Baijendra Kumar, CMD, NMDC, said.
first published: Mar 30, 2020 06:52 pm
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