The Business Bytes
TBB BUREAU
BHUBANESWAR, FEBRUARY 9, 2022
Joining hands with Indian Red Cross Society for FARAH (Financial Assistance to Road Accident through Heavy Vehicle) project, ArcelorMittal Nippon Steel India (AM/NS India) has provided financial support to the tune of Rs. 30 lakh to the Sundargarh District Branch of Indian Red Cross Society, on Tuesday.
AM/NS India Lead-CSR Jitesh Rath handed over the cheque for Rs 30 lakh to Sundargarh Deputy Collector Kunti Rani Naik.
“We are thankful to ArcelorMittal Nippon Steel India for its efforts through CSR and support for a noble cause. This financial support will certainly help the road accident victims and their families to make a living with dignity,” said Naik.
The fund under FARAH project will be utilised for the treatment of road accident victims and for payment of compensation to the injured or to the family of person losing life hit by heavy vehicles. This project will support victims’ families through financial support up to Rs 4 lakh in-case of any death, Rs 2 lakh in case of permanent disability, Rs 1 lakh for major injury and Rs 30,000 in case of minor injuries.
